초록

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Abstract ▼ AI-Helper

This paper analysed the cases of Korean Chaebol doing business in China in order to illuminate how Korean and Chinese economy will respectively develop and Korea and China"s economic relation will evolve, from the standpoint of global production network (GPN) theory. The cases include Suzhou Samsung...

This paper analysed the cases of Korean Chaebol doing business in China in order to illuminate how Korean and Chinese economy will respectively develop and Korea and China"s economic relation will evolve, from the standpoint of global production network (GPN) theory. The cases include Suzhou Samsung Semiconductor, Yantai/Qingdao LG mobile phone, Bejing Hyundai motor. Based on two visits in 2006 and 2010, it is found that Korean Chaebols, flagship of GPN, have the managerial competency to govern and control all over the value chains. As predicted by the theory, the Korean Chaebols have appeared to concentrate on manufacturing activities in China, while experiencing negligible contributions to values added made by core parts procurement, R&D and marketing. But areas of value creation are gradually expanding, reflecting Chinese government"s demand. In particular, manufacturing activities are witnessing rapid productivity increases.

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