DISSERTATION of the University of St.Gallen, Graduate School of Business Administration, Economics, Law and Social Sciences (HSG) to obtain the title of Doctor of Business Administration submitted by
Florian Fuhl from Germany
Approved on the application of Prof. Dr. Li Choy Chong and Prof. Dr. Narendra Agrawal
Dissertation No. 3211 Druckerei Lauterberg, Ketzin, 2006
The University of St.Gallen, Graduate School of Business Administration, Economics, Law and Social Sciences (HSG) hereby consents to the printing of the present dissertation, without hereby expressing any opinion on the views herein expressed.
St.Gallen, June 12, 2006
The President:
Prof. Ernst Mohr, PhD
I
ACKNOWLEDGEMENTS
Many people contributed to the creation of this doctoral thesis. Even though they may not be mentioned here by name, they are aware of their role and support during the research process, for which I feel most grateful. First of all, I am most indebted to Prof. Li Choy Chong, who has far exceeded his duty as my supervisor by continuously supporting me throughout my doctoral thesis project. The discussions with him in St.Gallen and Singapore were always fruitful and inspiring. This is also true for my co-supervisor Prof. Narendra M. Agrawal, who encouraged and challenged my work with his detailed comments. I also would like to thank all my interview partners, whose statements represent a building block of my empirical work. Especially, I would like to thank Albrecht “Ali” Fromm, who reactivated his expatriate network in South Korea and thereby made the contact to many interviewees possible. His friend Bernd Isslinger played an important role in Korea and supported me with his industrial experience and connections. Mr. Park, Dong-Seok, my old friend and fellow student, Ms. Song, Son-Jong, my colleague, and Mr. Lee, Deok-Hyong also helped me with