000			02093cam a2200169 i 4500
020			_a9780190228798 (hardback)
082	0	0	_a338.95195
100	1		_aMun, Hwi-chʻang,
245	1	4	_aThe strategy for Korea's economic success /
300			_axviii, 281 pages : _billustration ;
520			_a" Korea's economic success has inspired numerous studies and research projects in past decades. Despite good efforts to analyze the strategy of Korea, earlier studies have not been able to comprehensively and systematically explain the country's "miraculous" growth. After thorough analysis of these earlier studies, a new model has been developed by showing that a country or firm does not have to be more innovative or possess more resources to have a competitive advantage over others. In The Strategy for Korea's Economic Success, Hwy-Chang Moon details four factors that comprise the ABCD model and illustrates how the Korean government, corporations, and people have exemplified these factors in achieving their current level of success. The four factors are agility (speed + precision), benchmarking (learning + best practices), convergence (mixing + synergy), and dedication (diligence + goal-orientation). Together, these factors have enabled Korea's economic success and will continue to drive the next level of growth. Anyone can become more competitive with proper implementation of the ABCDs. Korea's development strategy holds special value, because it is more practical and appropriate for many developing countries. For more developed countries, on the other hand, the ABCDs can be used to fast-track the next phase of growth. Moon also highlights the role of internationalization in broadening the scope of strategic choices, and shows how the combined implementation of internationalization and the ABCDs deepens the pool of strategic resources. "--
520			_a"An explanation for Korea's economic success"--
650		0	_aEconomic development
650		7	_aBUSINESS & ECONOMICS / International / Economics.
650		7	_aSOCIAL SCIENCE / Developing Countries.
942			_cBK
999			_c3008 _d3008