'Follow sourcing' and the transplantation and localization of Korean electronics corporations in northern Vietnam. Issue 4 (2nd October 2022)

• Record Type: Journal Article
• Authors: Koo, Yangmi; Kim, Seonghun
• Is Part Of: Area development and policy. Volume 7:Issue 4(2022)
• Page Start: 380
• Page End: 403
• Publication Date: 2022-10-02
• Subjects: foreign direct investment (FDI) -- transplantation of cluster -- localization -- follow sourcing -- electronics industry -- global production networks (GPNs) -- Korean transnational corporations (TNCs) -- Vietnam; 外商直接投资 -- 集群转移 -- 本土化 -- 跟随采购 -- 电子行业 -- 全球生产网络 -- 韩国跨国公司 -- 越南; inversión extranjera directa (IED) -- reubicación de aglomeraciones -- localización -- seguir el abastecimiento -- industria electrónica -- redes de producción global (RPG) -- corporaciones transnacionales (CTN) coreanas -- Vietnam; прямые иностранные инвестиции (ПИИ) -- трансплантация кластера -- локализация -- поиск поставщиков -- электронная промышленность -- глобальные производственные сети (ГПС) -- корейские транснациональные корпорации (ТНК) -- Вьетнам; Regional planning -- BRIC countries -- Periodicals; Economic development -- BRIC countries -- Periodicals; Rural-urban relations -- BRIC countries -- Periodicals; Human geography -- BRIC countries -- Periodicals; Regional planning -- Developing countries -- Periodicals; Economic development -- Developing countries -- Periodicals; Rural-urban relations -- Periodicals; Human geography -- Developing countries -- Periodicals; 338.90091724
• DOI: 10.1080/23792949.2022.2058569
• Languages: English
• ISSNs: 2379-2949

Abstract

ABSTRACT: This study examines the transplantation of clusters through 'follow sourcing' of Korean electronics industry transnational corporations (TNCs), their suppliers and individual actors in northern Vietnam, and the ways in which geographical and organizational proximity generate spillovers to local enterprises. Advanced manufacturing facilities, relationships with suppliers and training programmes give rise to direct and indirect learning and improvements in skills and technological capabilities. Transplanted clusters via follow sourcing and localization can serve as an intermediate stage between an externally controlled satellite cluster and an advanced cluster and they afford another latecomer development path to the Chinese model of 'obligated embeddedness'.