Korean Entrepreneurship : The Foundation of the Korean Economy

The growth of entrepreneurship in South Korea has turned the country into an economic powerhouse. In this collection of essays, scholars highlight the favourable political and cultural values conductive to its development, including the characteristics of entrepreneurial family firms and the impact of new media and globalization. -What can we learn from the Korean experience? The contributing authors in Shim and Daly's book collectively tell the fascinating story of how government policies, educational systems, national cultural, institutional capabilities and resources, and the remarkable talents of courageous entrepreneurs at all levels of society have come together to create a vibrant, growing, and robust economy that is the envy of much of the world. The strength Shim and Daly's book lies in the set of essays chosen for inclusion, the foci of which are both complementary and broad in scope. This is a book that should be read in its entirety. It is strongly recommended to anyone seeking to understand how the economic transformation of nations can occur via entrepreneurial resources, processes, and actors."--Dr. Jeffrey G. Covin, Samuel and Pauline Glaubinger Professor of Entrepreneurship, Kelley School of Business, Indiana University, Bloomington Front Matter....Pages i-xvi Korean Politics and the Spirit of Entrepreneurship....Pages 1-16 Korea Inc.: Building Pre-Entrepreneurship in Korea....Pages 17-42 The Infusion of American Entrepreneurship in the Early Republic of Korea....Pages 43-65 Value Systems, Entrepreneurship, and Changing Society....Pages 67-90 The Effects of Family Values on Entrepreneurship in East Asian Countries....Pages 91-111 Social Entrepreneurship in Korean Education: American Jesuits Open Sogang College....Pages 113-131 Teaching English—A Major Opportunity for Entrepreneurship....Pages 133-148 Entrepreneurial Opportunities in Cyberspace: Korea and the United States....Pages 149-178 Entrepreneurial Leadership of Korean Companies in the Global Market....Pages 179-201 Back Matter....Pages 203-212 This edited book describes the growth of entrepreneurship in a country that has recently become an economic powerhouse but is still often ignored by scholars and popular press - South Korea. In this collection of essays, scholars describe entrepreneurship in South Korea, highlighting the favorable political and cultural values conducive to its development. Several authors examine individual and group enterprises from President Chung Hee Park's era (1961-1979) to today's savvy information science technocrats. Other authors investigate the characteristics of entrepreneurial family firms across three East Asian countries, i.e., Korea, China and Japan. Chapters exploring the impact of the new media and globalization on Korean entrepreneurs conclude the book "Korean Entrepreneurship: The Foundation of the Korean Economy describes in depth how the discursive and socio-political practices of Korean leaders and entrepreneurs lead to the development of entrepreneurship in that country. The authors, Theresa Shin and John Daly have captured the essence of this journey in the nine chapters of the book through authors who have addressed such topics as Korean politics and value systems, entrepreneurship and entrepreneurial opportunities concluding with the entrepreneurial leadership in today's global Korean companies. Through stories and research papers, the reader gets an understanding of how entrepreneurship was founded in the country and grew over the past years.- The book is definitely worth reading."--Robert Hisrich, Garvin Professor of Global Entrepreneurship, Director, Walker Center for Global Entrepreneurship "Theresa Shim and John Daly have compiled a thought provoking and insightful set of essays on the entrepreneurial transformation of Korea in their powerful new book, Korean Entrepreneurship: The Foundation of the Korean Economy. Korea has established itself as a major player in the new world order of innovation leaders. The exhibition of entrepreneurship, in particular, has propelled Korea's economic growth.- The growth of entrepreneurship in South Korea has turned the country into an economic powerhouse. In this collection of essays, scholars describe this recent phenomenon, highlighting the favorable political and cultural values conducive to its development, including the characteristics of entrepreneurial family firms and the impact of new media and globalization