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Strategies of Korean firms in china's high-tech market: Striving for a new and sustainable business model

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  • Mihnsoo Kim

Abstract

China has become a strategically important market for Korean companies. While cooperating with China is obviously important for their success and survival, a more difficult question lies in finding a new and sustainable business model applicable to China. This paper studies the current challenges and strategies of Korean Small and Medium-sized Enterprises (SMEs) in the high-tech market such as the mobile handset and online game industries that are trying to extend their business to China. It focuses on the issue that Korean firms face in order to find a way to survive and integrate with a rising China. By conducting an in-depth firm level analysis, it examines their successes and failures in terms of what parts of the value chain they specialize in and how they establish a division of labor with China.

Suggested Citation

  • Mihnsoo Kim, 2004. "Strategies of Korean firms in china's high-tech market: Striving for a new and sustainable business model," Global Economic Review, Taylor & Francis Journals, vol. 33(3), pages 61-75.
    • Handle: RePEc:taf:glecrv:v:33:y:2004:i:3:p:61-75
    DOI: 10.1080/12265080408449855
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    1. Charles Harvie & Hyun-Hoon Lee & Junggun Oh (ed.), 2004. "The Korean Economy," Books, Edward Elgar Publishing, number 2969.
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