Digital economy

21st century is a significant time frame for the entertainment industries in the South Korea. During the 1990s, South Korea was under pressure to liberalise their market, particularly the media industry (Shim, 2008). Eventually, the economic globalisation facilitated the blooming of its entertainment industry (Shim, 2008) by exporting their popular cultural to the world, which known as the Korean wave (Ravina, 2009). Entertainment industry is an important industry in South Korea, together with…

Michael Porter in his study of national competitive advantage, Michael Porter identified four sources or determinants that can affect the global competitiveness of companies located in particular countries .These four sources are: factor endowments; demand conditions; related and supporting industries; and the strategy, structure and rivalry of the companies located in a country.Porter created a model linking these four sources in a diamond (see figure 1 below) and argued that firms are most…

Introduction 1.1 Definition of Globalization Globalization refers to a shift towards a more integrated and hence resulted in an interdependent world economy. Globalization has several phases, including globalization of markets and the frontiers of production. As far as this change is concerned, globalization is a world-wide exchange of both international and natural resources, though not limited to other factors of economic, cultural or political issues. For example, as a pioneer of the ‘Otaku’…

Teenagers live in a time of sweeping technological advances, culture shock and relative affluence. Consequently, their attitudes and cultural awareness exhibit a number of distinguishing characteristics. Teenagers in India are also a robust part of the economy. They have a significant income of their own to spend and also wield increasing influence on household purchases. Teenagers are an important segment which marketers cannot afford to ignore. Teens are important because of their…

My interest in economics was developed since I was a child. I was given birth in a “financial family”; my parents’ works were all related to economics. Therefore, since I was young, I had the opportunity to observe and understand the financial work. In middle school, when my parents discussed economic events, I did not feel bored. To the contrary, I listened carefully and even made efforts to express personal opinions. Undoubtedly, sometimes my opinions were infantile and funny. However, my…

The present thesis, is aimed to analyze the social behavior of transnational corporations during the economic crisis of late 2000s. While the growth of world´s GDP was negative in 2009 (-2.1%) and many corporations experienced cuts in employment, limited access to credit, and reductions in capital and technological spending (Campello et al., 2010: 1), the social investment of many firms followed a counter-intuitive move by increasing their social contributions in more than 228%. Between 2004…

potentially dismantle the operating environment which these enterprises function within. These issues that we learn about, and the company profiles that were presented gave us an insight into some of the biggest macro challenges present in the world’s economy. These conglomerates are potentially disastrous macro-economic structures who have attained a status where it is necessary to be educated about them and understand how a seemingly unrelated event may have a profound impact on another.…

Response paper # 2 GEOG 473 SPRING 2016 Chad (Jong H) Lee I have never heard the term “Blockadia” before, but after reading her book, it makes sense to me now where the term came from. In my understanding, the term originally started by activists in fighting the Keystone XL pipeline in Texas, and people tried to stop it with their bodies, and their camp was called “Blockadia.” However, Klein mentioned that Blockadia is really the transnational space, roving space, where just regular people…

Economic growth relates to the increased output within an economy. It can come from rural to industrial shifts, invention, innovation and technological progress; it requires savings and investment, along with a well-implemented policy framework and can be measured through the economies GDP. Haggard, (2004) suggested economic growth can result from productive inputs, capital and labour or from greater efficiency in their use. It can lead to economic development, which Michael Todaro (2011)…

contrasting views of women and status quota for women. These views and positions are vital towards defining the success of a country’s economy. These views are generalized in three categories: high, fair and low. Countries that rate high in women-friendliness in education, tradition and women rights tend to have progressive outlooks on women and are advanced in it economy and human development. These countries are either developed or high…