A Study on Success Factors in the 6th Industrialization of Agriculture in Korea and China: A Focus on the Moderating Effects of Physical Humanistic Resources

Journal of International Trade & Commerce, Vol.13, No.4, pp.177-196

20 Pages Posted: 6 Nov 2017

See all articles by Ming-Sheng Zhu

Ming-Sheng Zhu

Chungbuk National University - Department of International Business

Jin-Sup Jung

Chungbuk National University - Department of International Business

Date Written: August 22, 2017

Abstract

Rural communities in both Korea and China have faced important negative conditions, such as a population decrease, aging, and the increasing income gap between urban and rural areas. To overcome these problems, a new change is needed in rural areas. In recent years, the 6th industrialization of agriculture, which seeks the convergence of the primary, secondary, and tertiary industries to revitalize agriculture and rural villages, has attracted considerable attention as an alternative. Meanwhile, Korea and China have plentiful humanistic resources. However, there are few studies on how humanistic resources affect the success in the 6th industrialization of agriculture. The goal of this study it to carry out empirical tests on Korea and China, using key successful factors―technology, manpower, market expansion, government support, linkages among industrial subjects―for the 6th industrialization of agriculture and find moderating effects of physical humanistic resources. Results suggest some valuable implications, and differences between Korea and China.

Keywords: China, Humanistic Resources, Korea, 6th Industrialization of Agriculture

JEL Classification: M19, Q18, R19

Suggested Citation

Zhu, Ming-Sheng and Jung, Jin-Sup, A Study on Success Factors in the 6th Industrialization of Agriculture in Korea and China: A Focus on the Moderating Effects of Physical Humanistic Resources (August 22, 2017). Journal of International Trade & Commerce, Vol.13, No.4, pp.177-196, Available at SSRN: https://ssrn.com/abstract=3065195

Ming-Sheng Zhu (Contact Author)

Chungbuk National University - Department of International Business ( email )

Chungcheongbuk-do
Korea, Republic of (South Korea)

Jin-Sup Jung

Chungbuk National University - Department of International Business ( email )

Chungcheongbuk-do
Korea, Republic of (South Korea)

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