Samsung and LG comparison

The different types and patterns of engineering science acquisition by Korean companies Koreas success has been founded on its ability to acquire and break down external technologies at different stages of its economic ontogenesis. It can be comfortably observed done the years, how Korean way of gaining approach to immaterial engineering science has changed. It started through a conclave of informal learning, licensing, conquest of production methods, OEM arrangements, and finally technological alliances. sixties The evolution of Koreas technology strategy began in close 1960s. Korean firms foc apply primarily on tug-intensive industries, such as textiles, plywood and apparel. In that industries they had a distinct advantage in low labour costs. According this technologies Korean firms learned through informal impart such as the trade literature, equipment suppliers, and unusual buyers. Foreign buyers helped Korean firms through their visits, when the newest desig ns, styling and technical specifications were shown. Government helped was found mainly on securing low-interest loans that were channelled for investment. Their main aim was to protected tar contributeed sectors. seventies In the 1970s, capital intensive industries, such as stigma and metal products, ship building, machinery, and automobiles, replaced labour-intensive industries.

The major mechanisms for the acquisition and development of production capabilities. Technical consultation and licensing were likewise often used for relatively complicated technologies in shipbuilding and integrated brand name mills. During whole 1970s , companies fitted with low-end or mature te! chnology could most expeditiously acquire locomote technologies through easy methods like piece of ass packaging and licensing. 1980s In the 1980s, Korea began to enter more(prenominal) technologically advanced industries, such as electronics. The products were more differentiated, which do the Japanese and the Americans as very developed countries reluctant to convert advanced...If you want to get a full essay, order it on our website: BestEssayCheap.com

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