• Title/Summary/Keyword: 1960s-1980s

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Motives, Strategies and Patterns of Foreign Direct Investment : The Case of Japanese and Korean Firms

  • Park, Kang-H.;Lim, Yong-Taek
    • International Commerce and Information Review
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    • v.7 no.4
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    • pp.387-407
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    • 2005
  • This paper is to study globalization motives and strategies of Japanese and Korean industries by analyzing the causes and patterns of foreign direct investment (FDI) of the firms of the two countries during the 1980s and 1990s. First we develop a FDI function from the profit maximizing model of firms. Then we use regression analysis to determine internally driving-out factors and externally-inducing factors. Japanese FDI strategy has gone through three different stages; from natural resource-seeking investment in the 1950s and 1960s to market-expansion investment in the 1970s and 1980s and to a combination of cost-reducing (low-cost labor-seeking) investment and market-penetrating investment in the 1990s. On the other hand, Korean FDI behavior has gone through four different stages; from the learning stage with small investments in the 1970s, to natural resource-seeking investment in the early and mid 1980s, to the growth stage in the late 1980s and the early 1990s, to the maturity stage of the mid and late 1990s. The last two stages were characterized by a combination of cost-reducing investment and market-seeking investment. As a late comer, Korea began its FDI two decades later than Japan, but caught up the patterns of Japanese FDI by the mid 1990s and is in a competing position with Japan. Our findings show that both Japanese FDI and Korean FDI in Asia and other developing countries tendto be in labor-intensive sectors where their firms are losing their comparative advantages at home. The main motive for FDI into these regions is low-cost resource seeking. On the other hand, both Japanese FDI and Korean FDI in the U.S. and Europe tend to be knowledge-intensive sectors where Japanese and Korean firms attempt to internalize transaction and information costs by globalizing its production. The main motive for FDI into these regions is market-seeking. Firms in both countries have increased their investments in Mexico and Western and Eastern Europe in order to penetrate large economic blocs such as the EU and NAFTA area. Korean firms are more aggressive in expanding into new and untested markets than are their counterpart in Japan. Evidence of this can be seen in the scarcity of Japanese FDI and abundance of Korean FDI in Eastern Europe and China.

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Retrospect and Prospect of Economic Geography in Korea (한국 경제지리학의 회고와 전망)

  • Lee, Won-Ho;Lee, Sung-Cheol;Koo, Yang-Mi
    • Journal of the Korean Geographical Society
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    • v.47 no.4
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    • pp.522-540
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    • 2012
  • The main aim of the paper is to identify the position or status of Korean economic geography in changing global economic geography by reviewing papers published in Korean geographical journals since the mid-1950s. Since the late 20th century as economic geography has developed significantly with the introduction of new research issues, methodologies, and theory and concepts, economic geography in Korea also has gone through rapid development in terms of both quantitative and qualitative perspectives. The paper attempts to analyze trends in Korean economic geography by reviewing agricultural, industrial, commercial geographies, and others since the mid-1950s. The review of economic geography in Korea would be based on four periods classified by research issues and approaches; foundation (~1950s), positioning (1960s and 1970s), jump and rush (1980s and mid-1990s), and transitional period (late 1990s~). Agricultural geography in Korea has decreased due to increases of the interests in industrial geography since the 1980s. In particular, since the late 1990s industrial geography has undergone a significant transition in accordance with the emergence of new theories of institutional perspectives, centering around issues on value chains, innovative cluster, cooperative and competitive networks, foreign direct investment, flexible specialization and venture ecology. Along with this, there has been changes in the interest of commercial geography in Korea from researches on periodical markets, the structure of store formats, and distributions by commodity, to researches on producer services and retailer's locational behaviors and commercial supremacy according to the emergence of new store formats. Since the late 1990s, many researches and discussions associated with the new economic geography began to emerge in Korea. Various research issues are focused on analyzing changes of local, regional and global economic spaces and their processes in relation to institutional perspectives, knowledge and innovation, production chain and innovative networks, industrial clusters and RIS, and geographies of service. Although economic geography in Korea has developed significantly both in quantitative and qualitative perspectives, we pointed out that it has still limited in some specific scope and issues. Therefore, it is likely to imply that its scope and issues should be diversified with new perspectives and approaches.

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Social division of labor in the traditional industry district - foursed on Damyang bamboo ware industry of Damyang and Yeoju pottery industry of Yeoju, South Korea (우리나라 재래공업 산지의 사회적 분업 - 담양죽제품과 여주 도자기 산지를 사례로 -)

  • ;;;Park, Yang-Choon;Lee, Chul-Woo;Park, Soon-Ho
    • Journal of the Korean Geographical Society
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    • v.30 no.3
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    • pp.269-295
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    • 1995
  • This research is concerned with the social division of labor within the traditional industry district: Damyang bamboo ware industry district and Yeoju pottery industry district in South Korea, Damyang bamboo ware and Yeoju pottery are well known of the Korean traditional industry. The social division of labor in an industry district is considered as an important factor. The social division of labor helps the traditional industry to survive today. This summary shows five significant points from the major findings. First, Damyang bamoo ware industry and Yoeju pottery industry have experienced the growth stages until 1945, the stagnation in the 1960s, and the business recovery in the 1980s. Most Korean traditional industries had been radically declined under the Japanese colonization; while, Damyang bamboo ware industry and Yeoju pottery industry district have been developed during above all stages. The extended market to Japan helped the local government to establish a training center, and to provide financial aids and technical aids to crafts men. During the 1960s and 1970s, mass production of substitute goods on factory system resulted in the decrease of demand of bamboo ware and pettery. During the 1980s, these industries have slowly recovered as a result of the increased income per capita. The high rate of economic growth in the 1960s and 1970s was playing an important role in the emerging the incleased demand of the bamboo ware and pottery. Second the production-and-marketing system in a traditional industry district became diversified to adjust the demand of products. In Damyang bamboo ware industry district, the level of social division of labor was low until the high economic development period. Bamboo ware were made by a farmer in a small domestic system, The bamboo goods were mainly sold in the periodic market of bamboo ware in Damyang. In the recession period in the 1960s and 1970s, the production-and-marketing system were diversified; a manufacturing-wholesale type business and small-factory type business became established; and the wholesale business and the export traders in the district appeared. In the recovery period in the 1980s, the production-and-marketing systems were more diversified; a small-factory type business started to depend On subcontractors for a part of process of production; and a wholesale business in the district engaged in production of bamboo ware. In Yeoju pottery industry district, the social division of labor was limited until the early 1970s. A pottery was made by a crafts man in a small-business of domestic system and sold by a middle man out of Yeoju. Since the late 1970s, production-and-marketing system become being diversified as a result of the increased demand in Japan and South Korea. In the 1970s, Korean traditional craft pottery was highiy demanded in Japan. The demand encouraged people in Yoeju to become craftsmen and/or to work in the pottery related occupation. In South Korea, the rapid economic growth resulted in incline to pottery due to the development of stainless and plastic bowls and dishes. The production facilities were modernized to provide pottery at the reasonable price. A small-busineas of domestic system was transformed into a small-factory type business. The social division of labor was intensified in the pottery production-and-maketing system. The manufacturing kaoline began to be seperated from the production process of pottery. Within the district, a pottery wholesale business and a retail business started to be established in the 1980s. Third the traditional industry district was divided into "completed one" and "not-completed one" according to whether or not the district firms led the function of the social division of labor. The Damyang bamboo ware industry district is "completed one": the firm within the district is in charge of the supply of raw material, the production and the marketing. In the Damyang bamboo ware district, the social division of labor w and reorganized labor system to improve the external economics effect through intensifying the social division of labor. Lastly, the social division of labor was playing an important role in the development of traditional industry districts. The subdivision of production process and the diversification of business reduced the production cost and overcame the labor shortage through hiring low-waged workers such as family members, the old people and housewives. An enterpriser with small amount of capital easily joined into the business. The risk from business recession were dispersed. The accumulated know-how in the production and maketing provided flexiblility to produce various goods and to extend the life-cycly of a product.d the life-cycly of a product.

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Morphological Theory and Design in Modern and Contemporary Architecture -Focused on the Romantic Educational Thoughts as a Dualistic Monism- (근현대건축의 모폴로지 이론과 건축설계)

  • Kim, Sung-Hong
    • Journal of architectural history
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    • v.13 no.4 s.40
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    • pp.89-105
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    • 2004
  • This paper investigates morphological theory as an intellectual framework for research and design. The first part of the paper will review morphological studies in the fields of urban geography, urban planning and architecture, particularly in England from the 1940s to the 1980s. While urban geographers and planners were concerned primarily with town plans, building forms and land use, architectural theoreticians were more interested in the topological relationship between urban and architectural space. The underlying premises and principles of these two approaches will be reviewed. The second part of the paper will focus on typology in Europe and North America. The reinterpretation of typology by Italian architects helped to bridge the gap between individual elements of architecture and the overall form of the city. However, typological theory became less accessible in post-war England and the United States. After 1980, the debate on typology became muted by the onset of vague notions such as functionalism, bio-technical determinism, and contextualism. This paper will propose a redefinition of morphology as a heuristic device, in contrast with the dichotomic view of urban morphology and architectural typology. Morphology will be shown to combine the geometrical and topological; the intentional and accidental; the real and abstract; and a priori and a posteriori. The last part of the paper discusses the lack of comparative theories and methods surrounding the physical form of architecture and the city by Korea commentators. Empirically rooted facility planning, non-comparative historical studies, and iconographic criticism emerged as a central preoccupation of architectural culture between the 1960s and 1980s, a time when international debate on architecture and urbanism was most intense. This paper will give consideration to the built environment as a dynamic physical entity and space as an epiphenomenon of daily urban life, such that collaboration between urban designers, architects, and landscape architects is seen as both beneficial and necessary.

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A geographical study of the Korean Tobacoo forming region (韓國 煙草載培地域의 地理學的 硏究)

  • ;Kim, Kwang Ja
    • Journal of the Korean Geographical Society
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    • v.21
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    • pp.16-37
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    • 1980
  • The purpose of this study is to clarify how the Korean tobacco farming region has been geographically formed by natural and cultural environments, and to examine and cultural environments, and to examine whether it can be recognized as a major part of agricultultural regions. The questions asked in this study are associated with the spatial diffusion of tobacco cultivation, the patterns and processes of the farming region from 1900 to 1960, and the regional characteristics of the concentrated farming area since 1960. The study is inductively approached and most data used were collected from old records and field works. The delineation of the tobacco farming region was derived by applying the concept of the uniform region. Tobacco was introduced through Japan during the years of Kwang Hae Kun (1616-1622). According to the old records, three places, Waekwan, Dongrae, and Ulsan, were the first tobacco raising areas. In the 1700's the well-known tobacco farming regions were scattered all around the nation in places like Jinan, Samdeung, Seongcheon, Gangdong, Yeongweol and Yeongyang. This distributon pattern suggests that tobacco farming in Korea developed spatially along main traffic routes before the 1700's. Untill the 1920's the pattern of tobacco regions was relatively static. Since the 1920's, it has shown a pattern of concentration in the Choongbuk province, where the new highly productive yellow tobacco has been introduced. It was not until the 1960's that yellow tobacco instead of the native variety came to be cultivated all over the country. In the 1960's, the tobacco farming region tended to be concentrated and localized in north western Choongnam, northern Cheonbuk, Choongbuk, and Kyeongbuk including Cheongsong, Andong, and Yeongyang. Since 1970, tobacco production has declined in some of the former major areas of cultivation in terms of its density, while there have appeared highly concentrated areas in Cheongsong and Andong, centered around Yeongyand. There has also emerged a secondary major concentrated area along the coast including such places as Kochang, Yeongkwang and Mooan. The appearance of the Yeongyang tobacco area as the most important core region can be described as follows; at first this area has the disadvantage of being in competition with other places for selling cash crops besides tobacco, because it is located in a mountain zone and it is far from the major metropolises of Seoul and Pusan. Thus has been formed the farming mentality that agricultural management makes the most profit on farming tobacco because tobacco is stable in price and selling routes. As a result of this longstanding belief, these areas (Yeongyang, Cheongsong and Andong) have developed into tobacco concentrated regions. Finally, the tobacco concentrated regions of Korea have changed through time. The factors affecting this change have been the kind of tobacco grown, the monopoly system, agricultural techniques and the expansion of arable land through the clearing of slopes. In conclusion, the research indicates that the localized and concentrated patterns of tobacco cultivation are geographically typical. Thus, recognition of tobacco farming region is important to understanding the agricultural region of Korea as a whole.

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Research on the Actual Condition of Risk of Remodeling Project (리모델링사업 리스크 실태조사 연구)

  • Lee, Teck-Wn
    • Journal of the Korean Society of Industry Convergence
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    • v.6 no.3
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    • pp.215-222
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    • 2003
  • When constructing buildings, planning, design, construction, using & maintenance as building life cycle. Due to industrialization in 1960s and development of new town from the late 1980s to the early 1990s, Korean housing supply rate reaches almost 100%. After construction companies confronted limit of new building construction, they recognized remodeling as a part of construction, and organized remodeling team or FM team to improve sustainable industrial area. However, since companies in Korea are lack of experience and research activities for remodeling, it makes obstacle to improvement of remodeling business. So the objective of this study is to help carry out remodeling business by suggesting the counterplan through investigation of a risk of apartment remodeling business.

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Retrospection on Agricultural Mechanization Researches (농업기계화 연구에 대한 고찰)

  • 이동현;박원규
    • Journal of Biosystems Engineering
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    • v.24 no.5
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    • pp.453-462
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    • 1999
  • At the time of discontinuing the publishing of RDA Journal of Farm management and agricultural engineering the present paper is to review the research results produced since 1962 to 1998. During the three decades, from 1960s to 1980s, the main research efforts were focused o mechanization of rice farming which contributed in food grain productions. In the 1990s, the research direction was shifted to horticultural productions and producing high quality agricultural products. We had put stress on practical use of farm mechanization, mainly on transplanting and seeding operation for rice and upland and horticultural crops productions and harvest and threshing machinery developments, in which we thought our research direction had not been quite right. However, in the future we are going to promote mechanization on livestock and upland crops productions. Furthermore, we have a plan to employ cutting edge technologies in agricultural machinery developments in order to automate and unman all farm operations satisfying the needs of advanced agricultural mechanization technology in the twenty first century.

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A Study on the Transfiguration of Farmhouses based upon the Environmental Elements in Yongdong Area (환경요인 측면에서의 영동지역 농촌주택의 변모에 관한 연구)

  • Choi, Jang-soon
    • Journal of the Korean Institute of Rural Architecture
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    • v.4 no.1
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    • pp.87-97
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    • 2002
  • This study is aimed at grasping how the farmhouses in Yongdong area continues to be transfigured according to the modernization and urbanization since 8.15 Liberation through the analysis of natural environment and sociocultural environment elements. The farmhouses in Yongdong area before 1960's have had a different spatial structure from those of the other areas because of the characteristics of the climatic, regional, geographic and sociocultural environment elements. The roof improvement promoting law after 1967, the Saemaul Movement since 1971 and the standard drawing of farmhouse after 1972 are transfigured the rural villages, but they were turned up the limitations of their exploits because of the lack of cognition about environment elements. Recently there were appeared the farmhouses which were reflected farmer's decisions in construction after 1980's because former farmhouses were not give consideration to environment elements.

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A study on the Role Sharing Policing Organization in Britain (영국 치안기구의 역할분담에 관한 고찰)

  • Seo, Jin-Seok
    • Korean Security Journal
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    • no.3
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    • pp.117-144
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    • 2000
  • Not only has there been movement along the sectoral continuum, Johnston argues, but changes in the spatial balance of policing are also visible. More concretely, he suggests that British policing has been undergoing a century-long process that has gathered pace since the 1960s. Three factors have been central to this process. First, legislative centralization brought about by the Police Act 1964 - which established the tripartite structure for police governance and amalgamated forces - and the Local Government Act 1972 which reorganized local government. Secondly, the political and industrial unrest of the 1970s and early 1980s led to the establishment of new levels of national police co-operation and, in the words of one author, to the establishment of a 'de facto national police force'. Thirdly, increasing European influence has further internationalized police co-operation and organization. Johnston concludes that the spatial restructuring that appears to be taking place in British policing is indicative of a broader process of fragmentation of social structures and systems for maintaining order.

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Study on Metal material in Contemporary Fashion -Focus on analysis of mode history and the normativeness- (현대 패션디자인의 금속소재 연구 -모드사적 분석과 조형성를 중심으로-)

  • 이영재
    • Journal of the Korean Society of Clothing and Textiles
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    • v.26 no.5
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    • pp.582-593
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    • 2002
  • Metal materials have been used in the clothing design on the spirit of ingenious experiment by fashion designers, and they have been put to practical use by several designers who work out a scheme of popular fashion merchandise. This current starting from the 1960s was weakened in the 1980s, but it was appeared with various shapes of metal materials in the 1990s due to a popularity of techno/cyber fashion. Recently, textile engineering technology causes to develop new-materials which are practical and sanitary. The development of fashionable metal materials brings about the popularization of fashion with metal materials, and it induces that mainstream of modem fashion has been changed into designers of pursuing the spirit of ingenious experiment. This study examines the formative characteristics of metal materials that are based on the spirit of ingenious experiment. As a result, it is evaluated that the formative of metal materials shown in modern fashion is futurism, visual concentration, avast-garde, resistance, precious.