The State's Role in Globalization
Korea's Experience from a Comparative Perspective
Bibliographic Data
| ID | 2317385 |
|---|---|
| Authors | Kyung Mi Kim (0000-0001-9799-0677, Seoul National University), Hyeong-Ki Kwon (Seoul National University, corresponding author) |
| Year | 2017 |
| Volume | 45 |
| Issue | 4 |
| Pages | 505-531 |
| Publication date | 2017-12-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Latin American Politics and Society (JOURNAL) |
| Journal identifiers | ISSN: 1531-426X • E-ISSN: 1548-2456 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0032329217715614 |
| OpenAlex | W2722417604 |
| Language | EN |
| Citations received | 9 |
By analyzing how Korea has upgraded its industrial capabilities in the course of corporate globalization, this article holds that some versions of developmental state work better in the globalization process. Globalizing national corporations, neoliberal optimism notwithstanding, does not necessarily result in upgrading domestic innovation capabilities. In the United States, free-market firms may benefit through offshoring, but they create holes in the industrial linkages or industrial commons at home, enfeebling US capability for innovation. By contrast, the Korean government successfully upgraded domestic firms' innovation capabilities and reduced the possibility of deindustrialization in the course of globalization by moving from classical developmentalism to a new form of development based on inclusive and collaborative networks. Korea's earlier classical developmentalism focused on mobilization of physical capital, funneling it exclusively to a few firms
Business · Chaebol · Corporate governance · Deindustrialization · Developmental state · Developmentalism · Economic system · Economics · Economy · Globalization · International trade · Internationalization · Management · Market economy · Political science · State (computer science · Asian Industrial and Economic Development
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| Unique citing works | 9 |
|---|---|
| Citations per year | 1,29 |
| Citation span | 2019 - 2025 (7) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 9 |