Strategic Asset-seeking FDI

Strategic assets include technology, marketing and management expertise, as well as other types of resources and capabilities that are of strategic importance to multinational enterprises (MNEs). These firms engage in foreign direct investments (FDI) with different motivations, including the quest for these assets. Specifically, strategic asset-seeking FDI are defined as investments aimed to “promote their long-term strategic objectives— especially that of sustaining or advancing their global competitiveness. … The motive of strategic asset-seeking investments … is to augment the acquiring firm’s global portfolio of physical assets and human competences, which they perceive will either sustain or strengthen their ownership-specific advantages or weaken those of their competitors” ().