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- W2515515711 abstract "The last 50 years have seen a dramatic shift in the hegemony of the shipbuilding industry. Today more than 90 per cent of the world’s new building orders have been placed at yards in South Korea, China and Japan. South Korea emerged as a major shipbuilding nation in the period from 1970 to the late 1980s, when world shipping was in crisis. The aim of this paper is to explain how the country managed to gain this position. After a presentation of world shipbuilding in general, and South Korean shipbuilding in particular, the paper analyses domestic and international factors that can explain South Korea’s growing market share. At the domestic level, we consider the interplay between the country’s comparative advantages, technological learning and a conscious industrial policy aimed at escalating shipbuilding capacity. At the international level, we suggest that the severe crisis in shipping and shipbuilding might in fact have been beneficial for South Korea’s ability to grab market shares." @default.
- W2515515711 created "2016-09-16" @default.
- W2515515711 creator A5016887789 @default.
- W2515515711 date "2014-06-01" @default.
- W2515515711 modified "2023-09-27" @default.
- W2515515711 title "Essays on Technological Progress in East Asia" @default.
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