Policy Analyses
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Policy Analyses
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Strategic Alliance and Globalization of Technological Development
As technological development in Korea has been deepened, technological competition has increased and international division of labor has advanced. This study researches and analyses the significance, special features and movements..
Yoo Soo Hong Date 1994.01.31
Technical cooperationDownloadContentSummaryAs technological development in Korea has been deepened, technological competition has increased and international division of labor has advanced. This study researches and analyses the significance, special features and movements of strategic alliances as a new strategy to prevent excessive competition with the U.S., Europe and Japan. It also looks at ways to strengthen Korea's strategic alliances.
Strategic alliances are motivated by: 1) diversification of R&D investment and risk; 2) swift development and security for new processes in manufacturing; 3) joint ownership of corporate assets; 4) market entry and enlargement; 5) realization of economies of scale; and 6) adjustments as a competitive process. While the alliances of the past were aimed at production and sales, strategic alliance has a multilateral and bilateral focus and is inclusive of all the management process, including supply, technology, production and sales, with particular focus on making use of international management resources. Strategic alliances are becoming essential for the globalization of corporate management. The most active industries for strategic alliances are those concerned with up-to-date-technology such as electronics, communications, computers, semiconductors, cars and aircraft. Of them, a technical tie-up such as the development of joint technology and cross-licensing is given much weight in the total partnership. Since the cycle of up-to-date-technology development is narrowing, companies want to decrease the risk and cost of R&D investment. -
1994 World Economic Outlook and Korea's International Economic Policy
Co-authors Date 1994.01.10
Economic development, Economic outlook -
Construction Industry in China: Current Situation and Potential Korean Participation
Hyun-Jun Cho Date 1993.12.31
Industrial policy -
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An Analysis of Wage and Employment Systems in Major Eastern European Countries
Gye-Pan Kim Date 1993.12.31
Labor market -
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Vietnam's Policy on Development of Manufacturing Zones for Exports
Yul Kwon Date 1993.12.31
Economic development, Trade policy
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