The role of the government in the development of the automobile industry in Korea

Jee In Lee and Jai S. Mah ()
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Jee In Lee: Chungnam National University

Progress in Development Studies, 2017, vol. 17, issue 3, 229-244

Abstract: This article addresses the effect of government R&D policies on the development of Korea’s automobile industry, particularly in relation to technological upgrading. The automobile industry is a highly value-added, technology-intensive industry that generates many good job opportunities. In addition, it is linked to various industries. Korea developed its own car model in the mid-1970s and since then Korea’s automobile industry has continued to develop. Effective government policies have played a significant role in its remarkable success. This article provides policy suggestions for developing countries intending to develop their own automobile industries.

Keywords: automobile industry; R&D; government; Korea (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:prodev:v:17:y:2017:i:3:p:229-244

DOI: 10.1177/1464993417713269

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