Korean Education and Foreign Direct Investment: Focusing on Entry Modes
Lorna Baek, Jimmyn Parc
Education is a key for economic advancement. Thus, this study d its development to date. In doing so and by simultaneously analyzing Brain Drain Index and international university rankings comparatively, a number of issues are highlighted as unsatisfactory. In order to overcome the problems presented by the current system, this paper applies a comprehensive entry mode model to education-based foreign direct investment. A case study, benchmarking Singapore, highlights specific education policy amendments regarding liberalization that could also be applicable to the Korean education field, ultimately aiding economic advancement.