During more than four decades of rapid industrialization, Korean steel industry has buttressed global competitiveness of Korean industries. Korean steel industry is now aiming to enter into a new realm of industrial paradigm, which depends more heavil...
During more than four decades of rapid industrialization, Korean steel industry has buttressed global competitiveness of Korean industries. Korean steel industry is now aiming to enter into a new realm of industrial paradigm, which depends more heavily on innovation, skill, and knowledge power of their people. From the beginning of the 1996, steel companies related with POSCO and its major affiliates began to change this old fashioned divide by introducing, what is called a "New Paradigm" in the employment relations. This paper is a trial to investigate a unique way of 'social invention' in the Korean steel industry and its implications for other industries.