Foreign capital and technology in the process of catching up by the developing countries: the experience of the synthetic fiber industry in the Republic of Korea

Examines a case of catching up in managerial resources in the typical newly industrializing company (NIE) of the Republic of Korea. Examines long-term changes in the role of foreign capital and technology that are caused by the efforts of local firms in the development process. The industry selected for the study is synthetic fiber, one of the modern manufacturing industries developed since the 1960s that has played an important role in Korea's rapid economic growth. -from Author