콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Industry and Technology Others
Social Development Employment

Print

Domestic technological innovation : An approach to solving South Korea's labor problems

Related Document
Frame of Image
  • Domestic technological innovation
  • Dickerman, Jeffrey F.
  • University of Washington


link
Title Domestic technological innovation
Similar Titles
Sub Title

An approach to solving South Korea's labor problems

Material Type Reports
Author(English)

Dickerman, Jeffrey F.

Publisher

[Seattle, U.S.] : University of Washington

Date 2000
Journal Title; Vol./Issue Pacific Rim Law & Policy Journal:vol. 9(no. 3)
Pages 32
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Others
Social Development < Employment
Holding University of Washington
License

Abstract

When Korea' became a democracy in 1987, Korea's militant labor movement erupted into a series of nationwide protests and explosive labor strikes. As a consequence, Korea's new democratic government enacted progressive labor laws aimed at increasing wages and improving working conditions for laborers. However, these new progressive labor laws lowered the productivity of businesses. Consequently, many Korean goods could no longer compete in the global market and Korean businesses faced bankruptcy. Tension now exists between Korean businesses and workers as each side attempts to regulate the Korean workweek. The competing interests between business and workers can be balanced by domestic technological innovation in Korea. Currently, Korean business imports expensive technology for its goods from other countries. Businesses often pay high royalty fees and enter into costly direct licensing agreements to get this technology. By creating technology domestically, Korean business can lower the amount of expensive technology (The rest omitted)