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Full Description
This book offers a fresh look at the global apparel industry, focusing on Korean multinational corporations (MNCs) and their growing role in building regional connections and shaping economic and social development in Asia. Focusing on the multinationalization of Korean apparel firms over the past decades and their upgrading to first-tier suppliers in apparel global value chains, this edited volume highlights a host of new challenges these emerging MNCs confront in the rapidly changing global apparel industry and provides an in-depth view of their expanding role and adaptive strategies in configuring regional connections in post-Pandemic Asia.
Contents
1. Introduction: Globalization, Value Chain Governance and Supplier Experimentation (Joonkoo Lee, Hyunji Kwon and Hyun-Chin Lim).- 2. Expanding Overseas, Becoming Multinational, and Moving up the Chain: Three Waves of Globalization in the Korean Apparel Industry (Joonkoo Lee and Hyun-Chin Lim).- 3. Korea's Multinational Garment Suppliers: Growth through Disintermediation (Solee Shin).- 4. Toward a Bipolar Apparel GVC? From the Perspective of First-Tier Suppliers (Hyunji Kwon, Jinsun Bae, Joonkoo Lee and Sun Wook Chung).- 5. A Hidden Champion? An Experimental Journey for Digital Integration of a First-Tier Supplier in the Apparel GVCs (Hyunji Kwon and Seri No).- 6. Formalizing Foreign Manufacturer Status While Deepening Local Embeddedness: Korean Manufacturers in Myanmar's Export-oriented Apparel Industry (Jinsun Bae).
