When a firm undertakes foreign direct investment, it must determine the level of ownership in its foreign subsidiary. This study examines the determinants of the ownership strategy of a Japanese logistics firm from the perspective of international business studies (IB). The study focuses on firm-level factors, including “contributed assets” for shaping firm-specific advantage which a paren…
The logistics industries of Korea and Japan have very similar growth patterns. In this study, we aimed to determine how market structures are changing in Korea and Japan for the past 10 years. We divided logistics market structures into logistics subsidiaries (2PL) and 3PL companies, and we analyzed whether performances such as turnover, profit, or their growth rate between the 2PL and 3PL mark…