Abstract
This article challenges a popular assumption that Korea has been refining and perfecting the Japanese foreign direct investment model. In the case of Korea, the pattern of overseas expansion of smaller companies is quite unlike that for smaller Japanese companies. In the former case, the move overseas is quite independent and related to the needs of the individual concern or entrepreneur while the latter usually moved offshore in tandem with larger companies and as part of their sub-contracting networks. Given this premise, major mechanisms behind the successful development of Japanese FDI in comparison with those of Korea will be examined. These include a) the role of the trading companies (sogo shosha), b) the role of the small and medium-sized firms, and c) the patterns of institutional linkages between government and business in the progress of FDI. This cross-examination demonstrates that Korea's trajectory and its dynamics are different from those of Japan, thus Korea's future cannot be predicted by simply looking at Japan.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
