The role of the government in the development of the automobile industry in Korea

Lee, Jee In; Mah, Jai S.

doi:10.1177/1464993417713269

Cited by 23 publications

(14 citation statements)

References 10 publications

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“…As the Korean government tried to protect and promote heavy and chemical industries since 1974, Hyundai was able to grow rapidly, producing Korea's first own brand car model in 1975. Hyundai mainly relied on technology licensing in the early stage of production (Lee and Mah, 2017). It tried to penetrate into the global market since the late 1970s and automobile exports increased rapidly.…”

Section: Discussionmentioning

confidence: 99%

A Comparative Study of the Development of Technology-Intensive Industries: Korean and Romanian Automobile Industries

Kang¹,

Mah

2020

RWE

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The automobile industry is a technology-intensive industry that has the potential to create successes in many other related industries. This paper analyzes the approaches taken during the developmental processes of the automobile industries in Romania and Korea. This paper identifies the causes of their rapid growth and compares the experiences of the two nations particularly with respect to the approaches they took during the developmental stages of their automobile industries. Automobile industries in these two countries, Dacia and Hyundai in particular, contributed to economic growth in terms of employment, income generation and development of advanced technologies via the linkage effect. After comparing the merger and acquisition approach in Romania with the technology licensing approach in Korea in light of the government policies which pursued industrialization since the 1960s, it provides policy implications for developing countries which try to develop technology-intensive industries such as the automobile industry.

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Section: Discussionmentioning

confidence: 99%

A Comparative Study of the Development of Technology-Intensive Industries: Korean and Romanian Automobile Industries

Kang¹,

Mah

2020

RWE

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“…However, the form of this support was quite different being through export subsidies, import tariffs combined with collaboration and licensing agreements enabling access to the technologies of foreign firms. (Lee and Mah, 2017). PPS support was targeted at developing complementarities between manufacturers and parts suppliers within Korea so that scale and complementary component development could be co-developed.…”

Section: The Korean Post Ww II Automobile Industrymentioning

confidence: 99%

The Funding of Important Emerging and Evolving Technologies by the Public and Private Sectors

Carlaw¹,

Lipsey

2021

SSRN Journal

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We examine the sources of the finance that has enabled technological evolution, distinguishing between sources in the private, or for-profit, sector (FPS) and sources in the public or not-for-profit sector (NPS). We investigate the roles that agents in each sector have played, both directly and indirectly, in financing the creation and evolution of twelve major technologies that were innovated between the late 19 th and early 21 st centuries, many of which have been labelled GPTs. To document this, we describe the development of our selected technologies in some considerable detail. Although much of this is already well known, what has not been done, to the best of our knowledge, is to emphasise for all these developments the extent to which agents in the NPS and FPS provided the supporting finance. Studies of the physical location of R&D, inventions and innovations typically give heavy weight to the FPS and much less to the NPS. However, when we study the sources of the finance that enabled these technological developments, this greatly increases the relative weight attached do the NPS compared with that of the FPS.

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“…Fifth, purchasing IPRs relating to production technologies from foreign companies may help speed up the process of acquiring advanced technologies. For instance, a few Chinese local automobile producers bought IPRs from the leading foreign producers, which shortened the time needed to develop their own production technologies, as was also true for the South Korean automobile producers, such as Hyundai, in the early stages of development (Lee and Mah 2017).…”

Section: Policy Implicationsmentioning

confidence: 99%

Technology Acquisition in China’s Automobile Industry: Focusing on the Local Producers

Dong

Mah

2020

China Report

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China’s automobile industry has succeeded remarkably since the 1980s. The Chinese government welcomed foreign automobile companies to form joint ventures. The local automobile companies began to enter the market in the late 1990s. To compete with the foreign rivals, they needed to acquire advanced technologies. Meanwhile, technology transfer through foreign direct investment (FDI) inflows was not so successful. Some of the local automobile producers developed their technologies through FDI outflows. The large local automobile producers have paid much attention to their own research and development (R&D) activities. China has tried hard to build its human capital. Acquiring intellectual property rights from foreign manufacturers has been another way for the local producers to acquire advanced technologies. They have also tried to establish partnerships with the local technology groups. The ways in which the local automobile companies acquired advanced technologies may provide meaningful policy implications for the other technology-intensive industries and developing countries trying to develop the automobile industry.

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The role of the government in the development of the automobile industry in Korea

Cited by 23 publications

References 10 publications

A Comparative Study of the Development of Technology-Intensive Industries: Korean and Romanian Automobile Industries

A Comparative Study of the Development of Technology-Intensive Industries: Korean and Romanian Automobile Industries

The Funding of Important Emerging and Evolving Technologies by the Public and Private Sectors

Technology Acquisition in China’s Automobile Industry: Focusing on the Local Producers

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