The motives driving outward FDI by Thai enterprises
are a combination of inter-related reasons (table 7). They vary
between firms, depending on the industry they operate in (e.g.
textiles vs. restaurant business; manufacturing vs. resource
base), the years of experience in internationalization
(experienced internationalized firms have a higher tendency to
locate further and to diversify their outward FDI activities than
newer ones), the extent of overseas business networks (business
contacts and networks facilitate outward expansion) and the
purpose of outward FDI