ABSTRACT
In the case of medium-sized diesel engines, the forecast of demand and installation of manufacturing capacity were generally in excess of eventual sales. Lower priority was attached by the Korean government to some other desirable attributes of an undertaking-control over the prices of inputs and outputs, uniform treatment of foreign participants, full acquisition of technical know-how by Korean engineers and managers, and automatic access to subsequent technical improvements. In artificial fibres and diesel engines, the innovations have taken the form of new or improved products, such as fish nets, tyre cords and artificial turf in the case of nylon and engines with better combustion properties and higher horsepower-to-weight ratios in the case of diesel engines. Knowledge of the capabilities of the products manufactured through the imported technology has diffused to customers. The main supplying institution is the industry manufacturing capital goods in Korea.
