The way Korean high-tech firms have accumulated their technological competence can be depicted in two fashions: technology imports and in-house R&D. The process of technology accumulation by Korean firms is also closely connected with their own business strategy and government policies.
Korean high-tech firms have employed a wide variety of methods of foreign technology transfer, ranging from foreign licensing to strategic alliances. As they go through the stages of development and growth, the mode of technology transfer has changed along with their business strategy. This technological capacity building process in Korean firms had also been intertwined with the direction and initiatives led by the Korean government...
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