The motives were largely similar across regions and were dependent on the types of OFDI (market seeking, efficiency seeking, resource seeking, asset augmenting).

OFDI by Latin American firms is mainly market seeking and natural resource based.

There is, of course, wide variation in the nature and motives of FDI from different regions of the developing world, with important examples of natural resource seeking, market seeking and efficiency seeking FDI.

IT), host locations (geographical proximity, historical ties, cultural affinity), enterprise size (large companies vs. SMEs), orientation (asset and resource seeking, market seeking, efficiency seeking), market entry strategy (M As, asset swapping, greenfield investment) and types of institutions (private enterprises vs. state owned enterprises).

The use of cross border M As as a market entry strategy has increased for resource seeking and asset augmenting OFDI.

The failure to collect resource rents from exploitation of common resources has generated excessive profit seeking behaviour without proper consideration for the environment.

Seeking a worthy use of this resource, he created his first electronic document by typing the United States Declaration of Independence into a computer.

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