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Exploring Thick Description in Business System Analysis: The South Korean Business System from a European Corporate Perception

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Asian Inward and Outward FDI

Part of the book series: Palgrave Macmillan Asian Business Series ((PAMABS))

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Abstract

Being aware of the need to support economic growth for local companies the European Union (EU) has been intensifying its global efforts to enhance trade relations. As of July 2011 a free trade agreement (FTA) between the EU and the Republic of Korea (hereafter South Korea or Korea) commenced (EC, 2012). This agreement is considered as ‘the most ambitious trade deal ever concluded by the EU’ (EC, 2013) and its first with an Asian country, aiming incrementally to eliminate import duties as well as non-tariff barriers and provide an extensive liberalization of trade in services (EC, 2009). Additionally liberalization of investment, both in majority of the service and non-service sectors, is covered by this agreement, reflecting a more inclusive approach to recent trade negotiations by the EU with economic partners. In this way the EU aims to open newly industrialized economies, especially in Asia, and its attractive growth potential to European companies.

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Authors
  1. Flora Bendt
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  2. Joakim Sanne
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  3. Harald Dolles
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Editors and Affiliations

  1. Centre for International Business Studies (CIBS), School of Business, Economics and Law, University of Gothenburg, Sweden

    Claes G. Alvstam , Harald Dolles  & Patrik Ström ,  & 

  2. Molde University College, Specialized University, Norway

    Harald Dolles

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© 2014 Flora Bendt, Joakim Sanne and Harald Dolles

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Bendt, F., Sanne, J., Dolles, H. (2014). Exploring Thick Description in Business System Analysis: The South Korean Business System from a European Corporate Perception. In: Alvstam, C.G., Dolles, H., Ström, P. (eds) Asian Inward and Outward FDI. Palgrave Macmillan Asian Business Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137312211_8

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