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Innovative Capabilities and the Globalization of Chinese Firms

Becoming Leaders in Knowledge-intensive Innovation Ecosystems

Edited by Maureen McKelvey and Jun Jin

This book explains how Chinese firms are increasingly developing innovative capabilities and engaging in globalization. It focuses on knowledge-intensive and innovative entrepreneurial firms and multinationals, which already are – or are striving to become – world-leaders in their technologies and markets, and which do so by their use of advanced knowledge for innovation as well as their ability to act globally. The book advances related debates in entrepreneurship, innovation management, economic geography and international business.
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Edited by Maureen McKelvey and Jun Jin

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Peter J. Buckley and Hinrich Voss

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Peter J. Buckley and Hinrich Voss

The rapid international expansion of Chinese businesses has evoked mixed perceptions in host countries and among policymakers. This literature review critically analyses rigorous studies on the motivation, background, strategy, and impact of Chinese outward foreign direct investment and the emergence of Chinese multinational enterprises (MNEs). It is thus informative for the next wave of academic research on Chinese and emerging market MNEs in international business, political economy, economic geography and political sciences. Written by two experts in the field, this valuable study provides an important backdrop for academics who intend to understand emerging market MNEs in order to advise policymakers.
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Peter J. Buckley and Hinrich Voss

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Peter J. Buckley and Hinrich Voss

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Social Trust and Economic Development

The Case of South Korea

O. Yul Kwon

In just one generation, South Korea has transformed from a recipient of foreign aid to a member of the G20. In this informative book, South Korea is used as a case by which to explore and illustrate specific issues arising from the complex relationships between the nation’s economic development and society.
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Edited by Young-Myon Lee and Bruce E. Kaufman

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Jai-Joon Hur

This chapter examines how the Korean labor market has evolved in recent times, and how it has both influenced and been shaped by Korea’s employment and industrial relations. Restrictions on job opportunities for youth, non-regular and low-wage workers, SME workers, and women have been exacerbated by a slowdown in economic growth and tertiary degree inflation. Labor market dualism persists, while the gaps in wages and benefits along firm size and working status faultlines are widening. Reform has failed because of a lack of negotiating skill and mutual-interest acknowledgment demanded for coordination. At the same time, Korean labor market regulations lag behind those of other industrialized nations by being unfriendly to global and IT-heavy workplaces, by impeding job opportunities, and by reducing job quality. Social partners must let go of the legacies that have led to the current labor market conditions, and adopt a new cooperative approach.

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Young-Ki Choi