Catching-up, crisis and industrial upgrading Evolutionary aspects of technological learning in Korea’s electronics industry【外文翻譯】

Catching-up, crisis and industrial upgrading Evolutionary aspects of technological learning in Korea’s electronics industry【外文翻譯】

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1、本科畢業(yè)論文外文翻譯外文題目:Catching-up,crisisandindustrialupgrading:EvolutionaryaspectsoftechnologicallearninginKorea’selectronicsindustry出處:AsiaPacificJournalofManagement,1998,Volume15作者:DietekErkstAbstractThispaperaddressesapuzzle:Howisitpossiblethatacountrythathasestablishedabroad,export-orie

2、ntedindustrialbaseatrecordspeed,remainvulnerabletothevicissitudesofinternationalfinanceandcurrencymarkets?WearguethattheKoreanmodelthatwastremendouslysuccessfulforcatching-uphasnowreacheditslimits.Thefocusisontheroleoftechnologicallearningforthedevelopmentoftheelectronicsindustry,ama

3、incarrierofKorea’ssuccessfullateindustrialization.Itisshownthataheavyrelianceoncreditandanextremelyunbalancedindustrystructurehavegivenrisetoanarrowknowledgebase,andastickypatternofspecialization.Catching-uphasfocusedoncapacityandinternationalmarketshareexpansionforhomogeneous,mass-p

4、roducedproducts;verylittleupgradinghasoccurredintohigher-endandrapidlygrowingmarketsegmentsfordifferentiatedproductsandservices.SuchtruncatedupgradingisoneimportantreasonforKorea’svulnerabilitytothefinancialandcurrencycrisis.1.IntroductionKoreabarbeenhighlysuccessfulinitsapproachtoin

5、dustrialization:withinthreedecadesaresource-poorandrelativelysmallcountryattheperipheryoftheworldeconomyhasbecomealeadingexporter.Ofallthedevelopingcountries,Koreahasexperiencedthemostrapidexpansionandtransformationofitsmanufacturingsector;andacriticalfeatureoftheKoreanmodeloflateind

6、ustrializationhasbeenitsfocusonlearningandcapabilityformation(Kim1997a).Theseachievementsarerealandimpressive.Then,thecrisishit.Korea’scurrencytumbled,assetpricesarecollapsing,financialandcorporateinsolvencyarespreading,andeconomicgrowthhasbeendrasticallyreduced.Thereisarealdangertha

7、tstagnationmaylastforacoupleofyearsandthatthismaywelldestroyearlierachievementsandaccumulatedcapabilities(Ernst1998~).WhatwentwrongwiththeKoreanmodel!Howisitpossiblethatacountrythathassucceededtoestablishabroadindustrialbaseatrecordspeed,remainvulnerabletothevicissitudesofinternation

8、alfinanceand

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