The internationalization of a Korea-based manufacturer in China
This chapter explores the strategic internationalization process through the transfer of production and employment practices abroad by examining Hyundai’s operations in Beijing. It explores the distinctive characteristics of transferring employment practices in latecomer MNCs from established ones and whether these practices are different from the home country. Since latecomer firms adapt international best practices, the question is whether these firms are better placed to adapt their practices when they face different local conditions. This chapter offers an opportunity to observe how adaptable Hyundai is in foreign operations by using Hyundai’s experience of successful growth with a unique hybrid mode of flexible production. This case study of Beijing, Hyundai shows how the firm’s experience at home has affected their choices of employment relations and production strategies in China and thus Korea’s increasing engagement with Asia.
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.