A growing body of literature has noted that cleaner technology solutions are a "win-win strategy" that simultaneously brings benefits to environmental and economic performance. This paper is about pollution prevention and control in Korean industry. It provides a systematic understanding of the determinants of adoption of cleaner technology at the plant level, and suggests policy directions that encourage the adoption of cleaner technology and minimize obstacles to this process within the Korean context. In particular, it explores factors influencing the adoption of cleaner technology in a sampling of Korean plants from the industrial chemicals, and iron and steel sectors. This empirical research provides a pioneering empirical examination of the factors associated with the adoption of cleaner technology in the two most pollution intensive sectors in Korea. The critical role of environmental regulation was observed both as a driver of cleaner technology adoption and as a barrier to such cleaner technology adoption. In particular, the results indicate that motivation, a more flexible approach to implementation, and the perceived intensity of barriers related to the regulatory framework primarily determine the adoption of cleaner technology.
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