Tagged: Korean Business Drivers

Korea: A Catalyst for Change, Part 3

Korea: A Catalyst for Change, Part 3

Back in the early 1990s when IBM was reinventing itself, Korean semiconductor companies were key players in stimulating a new IP strategy for IBM. As explained in the book Open Business Models: "A second area of initiative within IBM to generate funds has proved to be even more innovative. IBM's need...

Korea: A Catalyst for Change, Part 2

Korea: A Catalyst for Change, Part 2

(contined from previous post) …it wasn’t until 1991 that Qualcomm secured its first customer, Korean Electronics and Telecommunications Research Institute! And the rest, as they say, is history. This is a great example showing that Korea has been an early adopter of technology for a long time; just recently an...

Korea: A Catalyst for Change, Part 1

One of my professors at Hanyang University here in Korea is an expert on innovation and the means through which innovation can be fostered within companies and countries. He advocates an "open innovation" approach where intellectual property is more widely available and accessed, and as part of my studies with...

A Rundown on Korean Corporate Structure

The following snippet is now part of the ebook Korean Business Etiquette Guide: Take an Essential Step Toward Your Business Goals in Korea!  Purchase and download on Amazon. [EXPIRED LINK REMOVED: https://www.amazon.com/Steven-Bammel/e/B00T6BEEY2/?_encoding=UTF8&camp=1789&creative=390957&linkCode=ur2&tag=korcontraseri-20&linkId=CVTDBYDSJBICQN2B] From the extra reading in Chapter 1 of Korean Business Etiquette Guide: Take an Essential Step Toward Your Business Goals...

Meeting the Governor

We had a very interesting meeting with Kim Moon-Soo, Governor of Kyunggi-Do last Saturday evening. Several things stand out in my mind from the event. 1. Having gone to meet the Governor based on some small talk with him about me being a promotional representative for the province over a...

Get this…

Get this…

Last year, along with a long-time Korean friend and fellow student, I attended a Hanyang University alumni breakfast where Gyeonggi-Do Governor Kim Moon-Soo spoke about future provincial development plans. After the meeting, I went up with my friend to meet the Governor and we exchanged a bit of small talk...

What’s the “Korea Discount”?

What’s the “Korea Discount”?

According to an article in the Korean edition of the Jungang Ilbo today [EXPIRED LINK REMOVED: https://article.joins.com/article/article.asp?total_id=3534449], a recent survey of national brands put the value of Korea’s “brand” at 33rd, coming in behind India, China and 30 other countries. The Korean government believes this translates into a 30% discount...

A Few Quick Tips for Business in Korea

The following snippet is now part of the ebook Korean Business Etiquette Guide: Take an Essential Step Toward Your Business Goals in Korea!  Purchase and download on Amazon. [EXPIRED LINK REMOVED: https://www.amazon.com/Steven-Bammel/e/B00T6BEEY2/?_encoding=UTF8&camp=1789&creative=390957&linkCode=ur2&tag=korcontraseri-20&linkId=CVTDBYDSJBICQN2B] From the extra reading in Chapter 3 of Korean Business Etiquette Guide: Take an Essential Step Toward Your Business Goals...