Abstract
This article addresses the effect of government R&D policies on the development of Korea’s automobile industry, particularly in relation to technological upgrading. The automobile industry is a highly value-added, technology-intensive industry that generates many good job opportunities. In addition, it is linked to various industries. Korea developed its own car model in the mid-1970s and since then Korea’s automobile industry has continued to develop. Effective government policies have played a significant role in its remarkable success. This article provides policy suggestions for developing countries intending to develop their own automobile industries.
| Original language | English |
|---|---|
| Pages (from-to) | 229-244 |
| Number of pages | 16 |
| Journal | Progress in Development Studies |
| Volume | 17 |
| Issue number | 3 |
| DOIs | |
| State | Published - 1 Jul 2017 |
Bibliographical note
Publisher Copyright:© 2017, © 2017 SAGE Publications.
Keywords
- Korea
- R&D
- automobile industry
- government