콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Economic System
Economy Direct Investment

Print

MNCS' perception on the feasibility of South Korea as a business hub of Northeast Asia

Related Document
Frame of Image
  • MNCS' perception on the feasibility of South Korea as a business hub of Northeast Asia
  • Lee, You-Il
  • Asian Academy of Management Journal


link
Title MNCS' perception on the feasibility of South Korea as a business hub of Northeast Asia
Similar Titles
Material Type Reports
Author(English)

Lee, You-Il

Publisher

[Penang]:Asian Academy of Management Journal

Date 2004-07
Journal Title; Vol./Issue Asian Academy of Management Journal:Vol. 9(No. 2)
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic System
Economy < Direct Investment
Holding Asian Academy of Management Journal

Abstract

Since the financial crisis of 1997, the South Korean government has moved towards a new market-driven paradigm of economic growth based on foreign direct investment (FDI) replacing the decades old state-driven economic growth model. One of the attempts made by the government is its ambition to transform the nation into a business and economic hub of Northeast Asia. However, despite the growing concern on the topic among government agencies, media, research centers and academia, the absence of a cohesive and realistic approach to the issue is a relative void in the literature. This paper, which is based on findings from interviews with foreign companies operating in Korea during 2002, offers a cultural and institutional insight into the critical and often invisible issues to be considered for a successful realization of the vision.