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The role of the government in the development of the automobile industry in Korea

Author

Listed:
  • Jee In Lee

    (Chungnam National University)

  • Jai S. Mah

    (Ewha Womans University)

Abstract

This article addresses the effect of government R&D policies on the development of Korea’s automobile industry, particularly in relation to technological upgrading. The automobile industry is a highly value-added, technology-intensive industry that generates many good job opportunities. In addition, it is linked to various industries. Korea developed its own car model in the mid-1970s and since then Korea’s automobile industry has continued to develop. Effective government policies have played a significant role in its remarkable success. This article provides policy suggestions for developing countries intending to develop their own automobile industries.

Suggested Citation

  • Jee In Lee & Jai S. Mah, 2017. "The role of the government in the development of the automobile industry in Korea," Progress in Development Studies, , vol. 17(3), pages 229-244, July.
    • Handle: RePEc:sae:prodev:v:17:y:2017:i:3:p:229-244
    DOI: 10.1177/1464993417713269
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    References listed on IDEAS

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    1. Charles I. Jones, 1995. "Time Series Tests of Endogenous Growth Models," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(2), pages 495-525.
    2. Steven D. Levitt & John A. List & Chad Syverson, 2013. "Toward an Understanding of Learning by Doing: Evidence from an Automobile Assembly Plant," Journal of Political Economy, University of Chicago Press, vol. 121(4), pages 643-681.
    3. Jenn Hwan Wang & Ching-jung Tsai, 2010. "National Model of Technological Catching Up and Innovation: Comparing Patents of Taiwan and South Korea," Journal of Development Studies, Taylor & Francis Journals, vol. 46(8), pages 1404-1423.
    4. Jai S. Mah, 2007. "Industrial Policy and Economic Development: Korea’s Experience," Journal of Economic Issues, Taylor & Francis Journals, vol. 41(1), pages 77-92, March.
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    Cited by:

    1. Murat A. Yülek & Kwon Hyung Lee & Jungsuk Kim & Donghyun Park, 2020. "State Capacity and the Role of Industrial Policy in Automobile Industry: a Comparative Analysis of Turkey and South Korea," Journal of Industry, Competition and Trade, Springer, vol. 20(2), pages 307-331, June.
    2. Muhammad Mujtaba & Sadaf Jamal & Jawaid Ahmed Qureshi & Yaseen Shaikh, 2018. "Human Capital is a Competitive Advantage of Businesses: Analysis of Automobile Firms of Pakistan," Asian Themes in Social Sciences Research, Knowledge Press, vol. 2(1), pages 16-22.
    3. Zhou, Shengjia & Wang, Junhao & Xu, Bing, 2022. "Innovative coupling and coordination: Automobile and digital industries," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    4. Mohammed Ahmad S. Al-Shamsi, 2022. "Review of Korean Imitation and Innovation in the Last 60 Years," Sustainability, MDPI, vol. 14(6), pages 1-15, March.

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