Strategic Policy and Social Innovation for a Post-Industrial Korea

<p>Export-oriented industrialization has transformed the Korean economy so profoundly that it has become known as the Miracle on the Han. Yet this industrial model has become fragile as Korea’s chaebols are being challenged by Chinese competitors. Attempts to seek out new engines of economic growth have failed or remain underdeveloped while a looming demographic crisis threatens to exacerbate Korea’s problems.</p><p>This book outlines a blueprint for overcoming these challenges moving beyond the business strategies government policies and socio-cultural patterns established under export-oriented industrialization. Written by a stellar line-up of international contributors its central proposition is that social change is needed to support the strategic and operational transformation of the chaebol and SMEs. Specifically it stresses the need for an appreciation of the gender national and ethnic diversity emerging within the Korean workplace today. If properly leveraged such diversity has the potential to reduce the groupthink that hampers the creativity and responsiveness of Korean firms today as well as facilitating greater success in overseas markets. </p><p>Taking an interdisciplinary approach this book will be useful to students and scholars in Korean Studies as well as those studying business economics and sociology more broadly in East Asia.</p>