The Automobile Industry

Some say that the rise of South Korean automakers was a miracle. Others portray it as a necessary outcome of the work of a technocratically driven developmental state, visionary entrepreneurs with a “can do” spirit, or their partnership based on asymmetric political exchanges. Still others argue tha...

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Bibliographic Details
Published inThe Park Chung Hee Era pp. 295 - 321
Main Author Lee, Nae-Young
Format Book Chapter
LanguageEnglish
Published Cambridge, MA and London, England Harvard University Press 01.04.2011
Subjects
Applied economics
Applied sciences
Automobiles
Automotive industries
Business
Business development
Business engineering
Chemicals industries
Consumer economics
Consumer sectors
Corporate development
Economic disciplines
Economic modeling
Economic models
Economics
Engineering
Ground transportation
Ground vehicles
Industrial growth
Industrial market
Industrial sectors
Industry
Joint ventures
Law
Legal agreements
Machinery
Manufacturing industries
Mechanical engineering
Motor vehicles
Motors
Partnership agreements
Railroad cars
Railroad passenger cars
Railroad trains
Transportation
Transportation modes
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Summary:Some say that the rise of South Korean automakers was a miracle. Others portray it as a necessary outcome of the work of a technocratically driven developmental state, visionary entrepreneurs with a “can do” spirit, or their partnership based on asymmetric political exchanges. Still others argue that it was neither a miracle nor a product of a superior state orchaebolinstitutional capabilities. They brush automaker success aside as growth generated through a massive injection of resources rather than as a continuous improvement of productivity. For some, the automakers had an easy way to growth, with the state subsidizing their
ISBN:0674058208
9780674058200
DOI:10.4159/harvard.9780674061064.c10