The challenges for macro talent management in the mature emerging market of South Korea:  A review and research agenda

HyunMi Park; Parth Patel; Arup Varma; Akanksha Jaiswal

doi:10.1002/tie.22260

The challenges for macro talent management in the mature emerging market of South Korea: A review and research agenda

HyunMi Park, Parth Patel, Arup Varma, Akanksha Jaiswal

Research output: Contribution to journal › Article › peer-review

8 Citations (Scopus)

130 Downloads (Pure)

Abstract

As the global economy continues to fight the war for talent, talent management has increasingly become a critical function that must be addressed if corporations are to survive and thrive. In this connection, South Korea's (henceforth, Korea)'s transformation from a third-world and under-developed economy to a global powerhouse and an important mature emerging market has caught the attention of scholars in numerous fields. In this comprehensive review of talent management in Korea, we trace its evolution and address the following questions: what challenges does Korea face in attracting global talent? What are the main impacts of Korea's government policies and interventions in its macro talent management system? We develop a revised macro talent management framework and offer propositions. We conclude by offering specific suggestions for the state and policymakers toward attracting and retaining talent.

Original language	English
Pages (from-to)	393-404
Number of pages	12
Journal	Thunderbird International Business Review
Volume	64
Issue number	5
Early online date	15 Mar 2022
DOIs	https://doi.org/10.1002/tie.22260
Publication status	Published - 1 Sept 2022

Bibliographical note

This is the peer reviewed version of the following article: Park, H, Patel, P, Varma, A & Jaiswal, A 2022, 'The challenges for macro talent management in the mature emerging market of South Korea: A review and research agenda', Thunderbird International Business Review, vol. 64, no. 5, pp. 393-404.
which has been published in final form at https://dx.doi.org/10.1002/tie.22260. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. This article may not be enhanced, enriched or otherwise transformed into a derivative work, without express permission from Wiley or by statutory rights under applicable legislation. Copyright notices must not be removed, obscured or modified. The article must be linked to Wiley’s version of record on Wiley Online Library and any embedding, framing or otherwise making available the article or pages thereof by third parties from platforms, services and websites other than Wiley Online Library must be prohibited.

Funder

Korean Studies Promotion Service of the Academy of Korean Studies, Grant/Award Number: AKS-2018-INC-2230002

Keywords

South Korea
emerging market
global talent
macro-environment
talent management

ASJC Scopus subject areas

Business and International Management
Geography, Planning and Development
Political Science and International Relations

Access to Document

10.1002/tie.22260

Post-PrintAccepted author manuscript, 361 KB

Cite this

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abstract = "As the global economy continues to fight the war for talent, talent management has increasingly become a critical function that must be addressed if corporations are to survive and thrive. In this connection, South Korea's (henceforth, Korea)'s transformation from a third-world and under-developed economy to a global powerhouse and an important mature emerging market has caught the attention of scholars in numerous fields. In this comprehensive review of talent management in Korea, we trace its evolution and address the following questions: what challenges does Korea face in attracting global talent? What are the main impacts of Korea's government policies and interventions in its macro talent management system? We develop a revised macro talent management framework and offer propositions. We conclude by offering specific suggestions for the state and policymakers toward attracting and retaining talent.",

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