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本科毕业论文外文翻译
外文题目: Catching-up, crisis and industrial upgrading: Evolutionary
aspects of technological learning in Kore ’s electronics
industry
出 处:Asia Pacific Journal of Management, 1998, Volume 15
作 者: Dietek Erkst
Abstract
This paper addresses puzzle: How is it possible that country that has
established a broad, export-oriented industrial base at record speed, remain vulnerable
to the vicissitudes of international finance and currency markets? We argue that the
Korean model that was tremendously successful for catching-up has now reached its
limits. The focus is on the role of technological learning for the development of the
electronics industry, main carrier of Kore ’s successful late industrialization. It is
shown that a heavy reliance on credit and an extremely unbalanced industry structure
have given rise to narrow knowledge base, and sticky pattern of specialization.
Catching-up has focused on capacity and international market share expansion for
homogeneous, mass-produced products; very little upgrading has occurred into
higher-end and rapidly growing market segments for differentiated products and
services. Such truncated upgrading is one important reason for Kore ’s vulnerability
to the financial and currency crisis.
1. Introduction
Korea bar been highly successful in its approach to industrialization: within three
decades resource-poor and relatively small country at the periphery of the world
economy has become a leading exporter. Of all the developing countries, Korea has
experienced the most rapid expansion and transformation of its manufacturing sector;
and a critical feature of the Korean model of late industrialization has been its focus
on learning and capability fo
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