We've learnt how to be local

The deepening territorial embeddedness of Samsung-Tesco in South Korea

Bibliographic Data

ID12694366
AuthorsNeil M Coe (0000-0001-7720-5061, National University of Singapore, corresponding author), Young‐Sun Lee (0000-0001-6396-0859, Korea University), Y-S Lee
Year2013
Volume13
Issue2
Pages327-356
Publication date2013-02-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Economic Geography (JOURNAL)
Journal identifiersISSN: 1468-2702 • E-ISSN: 1468-2710
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1093/jeg/lbs057
OpenAlexW2067862114
LanguageEN
Citations received31
References cited45

This article seeks to contribute to the growing economic-geographical literature on the globalization of retailing by offering a longitudinal analysis of the operations of Samsung–Tesco in South Korea. More specifically, it endeavours to explain how Samsung–Tesco has rapidly become one of South Korea’s most successful retailers since Tesco’s market entry in 1999. The analysis mobilizes the notions of territorial embeddedness and strategic localization to unpack how Samsung–Tesco has secured sustained growth through progressively deepening its connections with the host economy and society in different ways. In broader theoretical terms, the study provides rich illustration of transnational corporation post-entry dynamics in host retail markets, demonstrating that strategic localization is not a static phenomenon, but a dynamic set of processes that evolve through time and in relation to the changing competitive conditions in the host market concerned

Business · Corporation · Economic geography · Economic system · Economics · Embeddedness · Globalization · Industrial organization · Market economy · Phenomenon · Sociology · Global trade, sustainability, and social impact · International Business and FDI · Migration, Ethnicity, and Economy · Marketing

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