Korean human resource management as number one: lessons for the Asia Pacific

Abstract

Despite the devastation caused by Japanese colonial rule and over three years of the Korean War, the Korean economy has created the Miracle on the Han River over the past half-century, joining the ranks of advanced nations. Although it started with low-wage and labour-intensive industries, the accumulation and utilization of human capital have prepared companies like Samsung Electronics, Hyundai Motor, Naver and Coupang for a new leap forward. However, global issues such as the climate crisis and sustainability, the dual labour market, adversarial labour relations and low birth rates with rapid ageing are new challenges for Korean-style HRM. This is a collection of articles dealing with the question of Korean HRM as a success factor of Korean development and a seed for problems destabilizing the Korean economic perspective in the 21(st) century.