WONG MNC CENTER: BLOGS
Moon offers an in-depth perspective to understanding the current issues in global trade and business.
Korea’s Growing FDI in the ASEAN Healthcare Sector (Jul 24, 2019)
Drivers of Korean Startups’ FDI: Government Support or Regulations? (Mar 16, 2019)
The Global Trade War and Korea’s FDI Strategy (Aug 14, 2018)
Sustaining the Development of Korean FDI in China (Apr 13, 2018)
Why Is Vietnam Korea’s Favorite FDI Destination in ASEAN? (Jul 29, 2017)
South Korea Must Provide a Better Business Environment to Attract Foreign Direct Investment (Mar 27, 2017)
Made in Home Country, Host Country, or the World? The need to Revamp Globalization Indices (Nov 10, 2016)
THE INSTITUTE FOR POLICY AND STRATEGY ON NATIONAL COMPETITIVENESS (IPSNC)
We live in an age where globalization affects directly and indirectly countries, industries, firms, and individuals. At the same time, there is a growing cross-over between East and West which requires holistic perspectives to facilitate prosperity and competitiveness better. Despite the current heightened awareness of and interest in "competitiveness," it has been defined differently across diverse fields and experts. However, an integrated definition has yet to be reached. Moreover, the interpretations of previous rankings on national competitiveness are often misleading due to the fact that they have not been supported by the use of a rigorously developed model or appropriate methodology grounded on systematic credentials of academia and practice.
The Center for International Competitiveness (CIC) is dedicated to integrating different approaches from East and West that will help develop a better understanding of competitiveness. By adding Eastern experiences and wisdom to the traditions of Western academics, our Center aims to provide a more in-depth assessment of competitiveness. Such an approach will show economies, industries, firms, and individuals how they can strategically enhance their position as they engage with varied and complex global challenges.
Unlike previous efforts on competiveness, our research adopts a different approach by extending Michael Porter’s seminal work on the Diamond Model along two dimensions - scope and source of national competitiveness. By integrating these two dimensions into one framework for evaluating competitiveness, our model offers a more comprehensive view which facilitates a better understanding on competitiveness for both advanced/developing, as well as large/small economies.
The CIC annually publishes the National Competitiveness Research (NCR) by conducting statistical analysis for more than 60 economies through combining both hard data and survey data from across the world. Besides the publication of this country/region-level report, we also consult industries, firms, and individual leaders that wish to gain competitiveness in domestic and global contexts.
Chairperson, The Institute for Policy and Strategy on National Competitiveness (IPSNC)