earticle

영어

Recently, studies on investment promotion have been flourishing in terms of formulation, implementation and evaluation, as the relative importance is increasing between inward foreign direct investment (FDI) and national economic growth. However, there is little effort to carry out research on the relationship. Given that considering classical management cycle as “Plan-Do-See” framework, it is necessary to make efforts in order to evaluate investment promotion to which newly perspective applied. In this respect, we tried to suggest a new model to appraise the investment promotion activities of government-departments, based on literature review and case analysis in relation to investment promotion agency (IPA). This study carried out in-depth case analyses of foreign IPAs such as France, England and Malaysia, and regional IPA in Korea. According to the case analyses, existing evaluation models are primarily made of components with a biased view. On the contrary, we proposed the evaluation model of investment promotion activities, which are combined multilateral factors with an overall and comprehensive view. In summary, this paper’s contributions are characterized by as follows. First, the study shed light on the importance of evaluation in an effort to enhance foreign investment promotion. Moreover, it suggested that considering the evaluation process was necessary to induce inward FDI. Second, we tried to provide a theoretical contribution with the help of multi-facet approach. In terms of input and output, evaluation items-the development of strategic projects, the improvement of investment climate, the enhancement of service level, economic spill-over effect and investment promotion performance-are considered are considered in the model. Third, it was found that IPA like Invest KOREA needs to reinforce its mission in order to promote inward FDI. In other words, it is necessary to make their own “role and responsibilities,” and build up “related and supporting services.” Finally, we provide policy-makers with some practical implications in order to make investment promotion policy bear fruit. In this vein, this study suggests that the evaluation model should be applied to tailor its process to meet specific circumstance of government departments. Besides, authors also claim the evaluation model needs to be implemented by economic stages.

한국어

최근 외국인직접투자와 경제발전과의 중요성이 부각되면서 투자유치의 전략수립, 투자유치의 실행에 관한 연구가 활발히 진행되고 있으나, 평가 부문에 대한 연구는 비교적 적다. 경영의 중요 요소를 계획-실행-평가(Plan-Do-See)라는 맥락에서 볼 때, 투자유치 활동에 있어서도 평가(See)에 대한 많은 연구가 필요하다. 이러한 맥락에서 본 논문은 기존의 투자유치기관(Investment Promotion Agency, IPA)의 평가에 대한 연구를 바탕으로, 한국을 대상으로 여러 정부부처들의 투자유치 활동에 대한 평가모델을 개발하고자 한다. 모델개발을 위해 프랑스, 영국, 말레이시아 등 외국의 투자유치기관과 한국 지방자치 단체의 투자유치 활동에 대한 평가 요소들을 조사하였다. 조사결과, 기존의 평가들이 주로 단편적 측면에 치우친 경향이 있다고 판단되었으며, 따라서 본 논문에서는 종합적 관점에서 다양한 요소들을 포함시킨 균형 잡힌 모델을 제시했다. 즉, 전략프로젝트 개발 및 환경개선, 서비스 수준의 향상, 경제적 파급효과, 그리고 투자 유치성과를 종합적으로 고려한 평가모델을 제안했다. 이밖에 투자유치의 평가로 인한 단계적 기대효과 등도 살펴보았다.