The Development of Korea's Electronics Industry During Its Formative Years (1966-1979)

Summary 14

Chapter 1
Introduction 15
1. Stages of Korea’s Electronics Industry Development 17
2. Organization of the Study 24

Chapter 2
Industrial Policy and the Electronics Industry 29
1. Industrial Policy Debate 30
2. Definition and Characteristics of the Electronics Industry 36

Chapter 3
Background and Initial Conditions 41
1. Birth of Korea’s Electronics Industry and Early Policy Response 43
2. Initial Conditions before the Introduction of Promotion Policy 50

Chapter 4
Electronics Industry Promotion Policy 55
1. Five-Year Electronics Industry Promotion Plan (1967-1971) 56
2. Policy Recommendation and Background Report for Electronics Industry Promotion 59
3. Electronics Industry Promotion Law and Basic Plan 78
4. Implementation System 85
5. Major Policy Instruments 87
5.1. Strategic Domestic Market Protection 88
5.2. Financial and Tax Benefits 89
5.3. Industrial Complexes 91
5.4. Education and R&D 93

Chapter 5
Corporate Strategy 97
1. New Entry vs. Resistance by Incumbents 100
2. Vigorous Competition and Capacity Development 105