文档介绍：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 Korea’s electronics industry
出处:Asia Pacific Journal of Management, 1998, Volume 15
作者: Dietek Erkst
Abstract
This paper addresses a puzzle: How is it possible that a 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 essful for catching-up has now reached its limits. The focus is on the role of technological learning for the development of the electronics industry, a main carrier of Korea’s essful late industrialization. It is shown that a heavy reliance on credit and an extremely unbalanced industry structure have given rise to a narrow knowledge base, and a 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 Korea’s vulnerability to the financial and currency crisis.
1. Introduction
Korea bar been highly essful in its approach to industrialization: within three decades a resource-poor and relatively small c