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The Korean System of Innovation and the Semiconductor Industry: A Governance Perspective

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  • Kim, S Ran

Abstract

This paper explores in detail the political-institutional processes and governance aspects of the Korean system of innovation. It shows (i) how the specific form of corporate governance (chaebol) evolved out of Korea's national political-institutional arrangements, such as the state-firm relationship based on reciprocal subsidy; and (ii) how the dramatic emergence of Korean semiconductor firms in world memory chip markets resulted from the subtle and changing interactions of state, world market conditions and chaebol governance. Copyright 1998 by Oxford University Press.

Suggested Citation

  • Kim, S Ran, 1998. "The Korean System of Innovation and the Semiconductor Industry: A Governance Perspective," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 7(2), pages 275-309, June.
  • Handle: RePEc:oup:indcch:v:7:y:1998:i:2:p:275-309
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    Cited by:

    1. Marco Corsino & Giuseppe Espa & Rocco Micciolo, 2008. "R&D, Firm Size, and Product Innovation Dynamics," ROCK Working Papers 045, Department of Computer and Management Sciences, University of Trento, Italy, revised 12 Jun 2008.
    2. Suk Choi & Christopher Williams, 2014. "The impact of innovation intensity, scope, and spillovers on sales growth in Chinese firms," Asia Pacific Journal of Management, Springer, vol. 31(1), pages 25-46, March.
    3. Epicoco, Marianna, 2013. "Knowledge patterns and sources of leadership: Mapping the semiconductor miniaturization trajectory," Research Policy, Elsevier, vol. 42(1), pages 180-195.
    4. Bown, Chad, 2020. "How the United States Marched the Semiconductor Industry into Its Trade War with China," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 24(4), pages 349-388, December.
    5. Thomas Hoeren & Francesca Guadagno & Sacha Wunsch-Vincent, 2015. "Breakthrough technologies - Semiconductor, innovation and intellectual property," WIPO Economic Research Working Papers 27, World Intellectual Property Organization - Economics and Statistics Division.
    6. Mohammed Ahmad S. Al-Shamsi, 2022. "Review of Korean Imitation and Innovation in the Last 60 Years," Sustainability, MDPI, vol. 14(6), pages 1-15, March.
    7. Magomedov, Rustam (Магомедов, Рустам) & Ponomareva, Ekaterina (Пономарева, Екатерина), 2018. "Industrial Policy of Russia at a New Stage of Development: Limiting Economic Growth and Overcoming Them [Промышленная Политика России На Новом Этапе Развития: Ограничения Экономического Роста И Их ," Working Papers 031803, Russian Presidential Academy of National Economy and Public Administration.
    8. Marianna Epicoco, 2013. "Knowledge patterns and sources of leadership: Mapping the semiconductor miniaturization trajectory," Post-Print hal-03381305, HAL.

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