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An Autopsy Of The South Korean Market: Dynamics And Contradictions

The most dynamic feature of the South Korean economy in the late 20th century is the emergence of the country as a major destination for foreign investors. However, because the market has been closed to outsiders, for almost two decades, except for certain industries, Korea is as yet an unknown e...

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Main Author: Lee, You-Il
Format: Article
Language:English
Published: Asian Academy of Management (AAM) 2003
Subjects:
HD28-70 Management. Industrial Management
Online Access:http://eprints.usm.my/35610/1/AAMJ_8-1-3.pdf
http://eprints.usm.my/35610/
http://web.usm.my/aamj/8.1.2003/AAMJ%208-1-3.pdf
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id my.usm.eprints.35610
record_format eprints
spelling my.usm.eprints.35610 http://eprints.usm.my/35610/ An Autopsy Of The South Korean Market: Dynamics And Contradictions Lee, You-Il HD28-70 Management. Industrial Management The most dynamic feature of the South Korean economy in the late 20th century is the emergence of the country as a major destination for foreign investors. However, because the market has been closed to outsiders, for almost two decades, except for certain industries, Korea is as yet an unknown entity among the global business community. This acts as a deterrent to market entry. It is evident that among the economic and business literature there has been limited emphasis on the cultural and other complications such as the position and influence of the chaebol (a group of mostly family owned conglomerates in Korea) that exists for foreign businesses in the Republic of Korea. This paper attempts to crystallize some of the key cultural issues, examine their relevance and highlight some consequences of the lack of understanding of these cultural issues for the world's leading multinational corporations wishing to enter the Korean market. Asian Academy of Management (AAM) 2003 Article PeerReviewed application/pdf en http://eprints.usm.my/35610/1/AAMJ_8-1-3.pdf Lee, You-Il (2003) An Autopsy Of The South Korean Market: Dynamics And Contradictions. Asian Academy of Management Journal (AAMJ), 8 (1). pp. 1-15. ISSN 1394-2603 http://web.usm.my/aamj/8.1.2003/AAMJ%208-1-3.pdf
institution Universiti Sains Malaysia
building Hamzah Sendut Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Sains Malaysia
content_source USM Institutional Repository
url_provider http://eprints.usm.my/
language English
topic HD28-70 Management. Industrial Management
spellingShingle HD28-70 Management. Industrial Management
Lee, You-Il
An Autopsy Of The South Korean Market: Dynamics And Contradictions
description The most dynamic feature of the South Korean economy in the late 20th century is the emergence of the country as a major destination for foreign investors. However, because the market has been closed to outsiders, for almost two decades, except for certain industries, Korea is as yet an unknown entity among the global business community. This acts as a deterrent to market entry. It is evident that among the economic and business literature there has been limited emphasis on the cultural and other complications such as the position and influence of the chaebol (a group of mostly family owned conglomerates in Korea) that exists for foreign businesses in the Republic of Korea. This paper attempts to crystallize some of the key cultural issues, examine their relevance and highlight some consequences of the lack of understanding of these cultural issues for the world's leading multinational corporations wishing to enter the Korean market.
format Article
author Lee, You-Il
author_facet Lee, You-Il
author_sort Lee, You-Il
title An Autopsy Of The South Korean Market: Dynamics And Contradictions
title_short An Autopsy Of The South Korean Market: Dynamics And Contradictions
title_full An Autopsy Of The South Korean Market: Dynamics And Contradictions
title_fullStr An Autopsy Of The South Korean Market: Dynamics And Contradictions
title_full_unstemmed An Autopsy Of The South Korean Market: Dynamics And Contradictions
title_sort autopsy of the south korean market: dynamics and contradictions
publisher Asian Academy of Management (AAM)
publishDate 2003
url http://eprints.usm.my/35610/1/AAMJ_8-1-3.pdf
http://eprints.usm.my/35610/
http://web.usm.my/aamj/8.1.2003/AAMJ%208-1-3.pdf
_version_ 1643708545758134272
score 13.211869

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