By Ma Shuping & Chen Xiaohong

Date: 2004/07/30

Abstract:

-- Development of the Samsong Semi-conductor industry in Korea

In the 1990s, the impressive development made by Korean Samsung Electronics Company had become the focus of world attention. An analysis on the development of this company lead to a conclusion that this enterprise has been benefited primarily from Korean's national industrial policy as well as the spirit of entrepreneurship. The Korean’s industrial policy has promoted rather than restricted the firms in terms of innovation and competition and in adapting to the market laws for competition. These policies have created a favorable external condition for the development of the enterprises. These are highly useful references to the Chinese government.