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Korean education and foreign direct investment : Focusing on entry modes

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  • Korean education and foreign direct investment
  • Baek, Lorna; Parc, Jimmyn
  • Journal of International Business and Economy


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Title Korean education and foreign direct investment
Similar Titles
Sub Title

Focusing on entry modes

Material Type Articles
Author(English)

Baek, Lorna; Parc, Jimmyn

Publisher

[Seoul]:Journal of International Business and Economy

Date 2010
Journal Title; Vol./Issue Journal of International Business and Economy:vol. 11(no. 1)
Pages 23
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Direct Investment
Social Development < Education
Holding JIBE

Abstract

Education is a key for economic advancement. Thus, this study provides an overview of South Korea‟s higher education system and its development to date. In doing so and by simultaneously analyzing Korea‟s Brain Drain Index and international university rankings comparatively, a number of issues are highlighted as unsatisfactory. In order to overcome the problems presented by the current system, this paper applies a comprehensive entry mode model to education-based foreign direct investment. A case study, benchmarking Singapore, highlights specific education policy amendments regarding liberalization that could also be applicable to the Korean education field, ultimately aiding economic advancement.