Abstract
This paper assesses the relative importance of contractual technology transfers and indigenous efforts in South Korea’s acquisition of technological capability. It also evaluates the role of export activity. The period covered is from the early 1960s, when Korea experienced its ‘economic take-off’, to the late 1970s. For historical perspective and for discussion of related aspects of direct foreign investment and export activity, reference may be made to Westphal, Rhee and Pursell (1981), from which this paper is extracted.
Keywords
- Direct Foreign Investment
- Product Innovation
- Foreign Firm
- Domestic Firm
- Technological Capability
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
The views and interpretations in this chapter are these of the authors and should not be attributed to the World Bank, to its affiliated organisations, or to any individual acting on their behalf.
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© 1984 Martin Fransman and Kenneth King
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Westphal, L.E., Rhee, Y.W., Pursell, G. (1984). Sources of Technological Capability in South Korea. In: Fransman, M., King, K. (eds) Technological Capability in the Third World. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-17487-4_15
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DOI: https://doi.org/10.1007/978-1-349-17487-4_15
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