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Stay or return? : Key decision factors of foreign STEM talents in Korea

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Frame of Image n, and knowledge transfer that are raised by such a high return rate, this paper examines the factors that frame the foreign students’ decision on their post-graduation careers. By analyzing survey data, we report that Asian students majoring in science, technology, engineering, and mathematics (STEM) are more likely to return than non-STEM majors. This suggests that Korea’s aggressive policies of inviting foreign-born students have contributed to brain circulation and knowledge transfer between Korea and the other Asian countries. We also find that scholarships from Korean sources and positive attitudes toward Korean culture and life increase their inclination to stay in the country upon graduation. These findings, however, raise more questions than answers, since it becomes obvious that their post-graduation decisions are highly affected by what Korea as a society provides.
Keywords Korea, foreign talents, science and engineering, brain drain, post-graduate career
* Professor, Public Management and Policy Analysis Program, International University of Japan, Minami Uonuma-shi, Japan, j.kim@iuj. ac.jp ** Corresponding author, Assistant Professor, Public Administration/Graduate Program of Science and Technology Policy, Hanyang University, Seoul, Korea, ohseongsoo@hanyang.ac.kr
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1. InTRODucTIOn
Human capital developed through higher education, especially in the fields of science, technology, engineering, and mathematics (STEM) is widely recognized as the fundamental for a cou


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Title Stay or return?
Similar Titles
Sub Title

Key decision factors of foreign STEM talents in Korea

Material Type Article
Author(English)

Kim, Jungbu; Oh, Seong Soo

Publisher

[Sejong, South Korea] : Science and Technology Policy Institute

Date 2014-10
Journal Title; Vol./Issue STI Policy Review:vol. 5(no. 2)
Pages 22
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < Science/Technology
Holding Science and Technology Policy Institute
License

Abstract

Korea has pursued an aggressive policy of inviting more foreign-born students to its universities since the late 1990s in the wake of the globalization of education markets and its changing demographic structure. While increasingly more students from Asia come to Korea for study, more than half of the graduates return home upon graduation. Given the issues of brain drain, brain circulation, and knowledge transfer that are raised by such a high return rate, this paper examines the factors that frame the foreign students’ decision on their post-graduation careers. By analyzing survey data, we report that Asian students majoring in science, technology, engineering, and mathematics (STEM) are more likely to return than non-STEM majors. This suggests that Korea’s aggressive policies of inviting foreign-born students have contributed to brain circulation and knowledge transfer between Korea and the other Asian countries. (The rest omitted)