The Diamond Approach to the Competitiveness of Korea's Defense Industry

Abstract

Despite the control of U.S. and poor domestic infrastructures, the Korean defense industry has been advanced at relatively faster trajectory owing to the multiple circumstantial factors such as technocrats, drastic increase of scientists, efficient interrelationship with the heavy chemical industry, and systematic government support. reasons. Changes in the internal and external environment are calling for strategic developments of a new framework for competitive factors. The purpose of this study is to explore what constitutes could be achieved effectively in a relatively short period of time. This l framework to evaluate competitiveness of the defense industry in a more comprehensive and strategic way. Along with this model, this study uses mainly extensive literature reviews due to limitations in reliable examples of successful firms and interviews with field practitioners in the Korean defense industry.