This paper examines the impact of globalization on two transitional economies in Asia. Both countries have undergone a radical economic reform process over the past decade, assisted by increases in external trade flows, foreign investment activity, and external assistance. However, the pace of...

Since the 1990s, South Korea's population has been aging and its fertility rate has fallen. At the same time, the number of Koreans living abroad has risen considerably. These trends threaten to diminish South Korea's international and economic stature. To mitigate the negative effects of these...

The emergence of global corporate networks that integrate dispersed production, engineering, product development and research activities across geographic borders poses new challenges and opportunities for national industrial and innovation policies. This book is a collection of essays on...

This paper develops a conceptual framework that links knowledge about global production networks (GPNs), international knowledge diffusion and local capability formation. The authors analyze the forces behind the rise of GPNs, such as liberalization, information and communication technologies as...

In this introduction, we discuss the recent changes in multinational corporations' (MNC) research and development (R&D) strategies and China's rising roles in this new development. Significant changes include: 1) More and more corporations have started overseas R&D operations; 2) the missions of...

The paper examines the role of global technology sourcing, and its drivers and impacts in China’s integrated circuit (IC) design industry . IC design is one of the priority targets of China’s innovation policy, as codified especially in the “Strategic Emerging Industries” initiative. At...

China's global quest for resources, in particular oil and natural gas, has received unprecedented worldwide attention and scrutiny. This is partly because of China's own high-profile, active energy diplomacy, its national oil companies' acquisitions in the key exporting regions of oil and...

China’s global quest for resources, in particular oil and natural gas, has received unprecedented worldwide attention and scrutiny. This is partly because of China’s own high-profile, active energy diplomacy, its national oil companies’ acquisitions in the key exporting regions of oil and...