{"title":"The Emergence of Korean and Taiwanese Multinationals in Europe: Prospects and Limitations","authors":"R. van Hoesel","doi":"10.1201/9781315038124-6","DOIUrl":"https://doi.org/10.1201/9781315038124-6","url":null,"abstract":"","PeriodicalId":345328,"journal":{"name":"Korean Businesses:","volume":"159 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117207907","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Conclusion: Korean Business and Management – The End of the Model?","authors":"C. Rowley, Johngseok Bae","doi":"10.1201/9781315038124-7","DOIUrl":"https://doi.org/10.1201/9781315038124-7","url":null,"abstract":"","PeriodicalId":345328,"journal":{"name":"Korean Businesses:","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124791012","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Financial Contagion in East Asia and the Origins of the Economic and Financial Crisis in Korea","authors":"C. John","doi":"10.1201/9781315038124-2","DOIUrl":"https://doi.org/10.1201/9781315038124-2","url":null,"abstract":"","PeriodicalId":345328,"journal":{"name":"Korean Businesses:","volume":"165 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124619086","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Korean Businesses:Pub Date : 1998-06-01DOI: 10.1080/13602389812331288374
Youngsoo Kim
{"title":"Global Competition and Latecomer Production Strategies: Samsung of Korea in China","authors":"Youngsoo Kim","doi":"10.1080/13602389812331288374","DOIUrl":"https://doi.org/10.1080/13602389812331288374","url":null,"abstract":"This contribution illustrates how latecomer multinational companies (MNCs) have organized international production activities and maintained their competitive advantage under growing global competition. In doing so, an interdisciplinary approach, including an evolutionary theory of MNCs, global strategic management, and organizational and technological learning, is adopted through the case study of Samsung Electronics as a sample latecomer MNC. Samsung reveals that competition in the electronics industry in China is based on the diferential capabilities of players in the market, and their ability to transfer and improve these capabilities faster than competitors. Latecomer MNCs' foreign subsidiaries are under strong pressure to be actively involved in design and product development activities near to production facilities. In order to gain a sustainable competitive advantage, foreign subsidiaries of latecomer MNCs need to rapidly improve their product innovation capability by combining knowledge transferred from the MNC headquarters and global subsidiaries' networks with information about consumer requirements in the foreign location.","PeriodicalId":345328,"journal":{"name":"Korean Businesses:","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1998-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126275628","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Korean Businesses:Pub Date : 1998-06-01DOI: 10.1080/13602389812331288364
M. Hobday
{"title":"Latecomer Catch-up Strategies in Electronics: Samsung of Korea and ACER of Taiwan","authors":"M. Hobday","doi":"10.1080/13602389812331288364","DOIUrl":"https://doi.org/10.1080/13602389812331288364","url":null,"abstract":"Very little is known about the strategies by which East Asian firms acquired foreign technology and managed to ‘catch up’ in electronics. Unlike Western and Japanese innovation ‘leaders’ and ‘followers’, East Asian firms are ‘latecomers’, dislocated from advanced markets, demanding buyers and international sources of technology. This work examines the cases of two leading latecomers - Samsung Electronics of Korea and ACER of Taiwan - to generate insights into how electronics manufacturers overcame barriers to entry and became strong competitors on the world stage. The aim is to highlight the sources, paths and mechanisms of learning in the two firms, relating these patterns to corporate strategy, organization and performance. This contribution argues that latecomers reversed the traditional research and development centred pattern of innovation, travelling backwards along the product life cycle, from mature to early stages. A simple model is put forward to show how latecomer firms progressed up the technological ladder within the electronics subcontract system called original equipment manufacture. Attention is also drawn to theoretical implications and the strengths, remaining weaknesses and future challenges facing latecomer firms.","PeriodicalId":345328,"journal":{"name":"Korean Businesses:","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1998-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131383362","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Korean Businesses:Pub Date : 1998-06-01DOI: 10.1080/13602389812331288334
C. Rowley, Johngseok Bae
{"title":"Introduction: The Icarus Paradox in Korean Business and Management","authors":"C. Rowley, Johngseok Bae","doi":"10.1080/13602389812331288334","DOIUrl":"https://doi.org/10.1080/13602389812331288334","url":null,"abstract":"Some writers argue that modern history reveals that countries pass through ‘cycles’ in economic leadership. The ‘forerunners’ of industrialization used inventions and innovations as the major sources of their growth. On the other hand, newly industrializing countries, labelled ‘latecomers’ vis-a-vis the first groups, relied more on imitating, borrowing, or learning advanced technological and organizational capabilities to achieve national industrialization and eventually to gain national competitiveness. For some time, many have viewed such economies, especially the ‘Asian Tigers’, as a major force that will lead future world economic growth. However, such expectations have diminished with the recent financial crisis and contagion in Asia. The subject matter covered here includes the sources of economic growth and industrialization, the ‘catch-up’ strategies of firms, and foreign investment. The causes of the recent financial crisis, and future possibilities for the Korean model of business and management, are also analysed.","PeriodicalId":345328,"journal":{"name":"Korean Businesses:","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1998-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121139732","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Korean Businesses:Pub Date : 1998-06-01DOI: 10.1080/13602389812331288354
R. Castley
{"title":"The Korean Electronics Industry: The Japanese Role in its Growth","authors":"R. Castley","doi":"10.1080/13602389812331288354","DOIUrl":"https://doi.org/10.1080/13602389812331288354","url":null,"abstract":"Korea's electronics industry has developed to the point where it accounts for an increasing share of output, exports and employment. Its spectacular growth can be largely attributed to its rapid expansion to become the dominant export, accounting for more than a quarter of the total. To determine the causes of this performance, this contribution will look at both ‘internal’ (government policy regimes, incentives) and ‘external’ factors. It argues that domestic policies were only efective in so far as they were supported by external factors. Such export-orientated industrialization includes a cycle between investment, imports competitiveness and exports.","PeriodicalId":345328,"journal":{"name":"Korean Businesses:","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1998-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131564073","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}