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Zusatztext "Advanced economies like Korea face a growing mismatch between low birth rates and increasing demand for skilled labor. Shin and Choi use original! comprehensive data and a global outlook to provide careful! accessible and persuasive analysis. Their prescriptions for Korea and other economies challenged by high-level labor shortages will amply reward readers of this landmark study." Informationen zum Autor Gi-Wook Shin is Professor of Sociology and Director of the Walter H. Shorenstein Asia-Pacific Research Center at Stanford University.Joon Nak Choi is an Assistant Professor in the Department of Management at The Hong Kong University of Science and Technology. Klappentext Gi-Wook Shin is Professor of Sociology and Director of the Walter H. Shorenstein Asia-Pacific Research Center at Stanford University.Joon Nak Choi is an Assistant Professor in the Department of Management at The Hong Kong University of Science and Technology. Zusammenfassung Global Talent seeks to examine the utility of skilled foreigners beyond their human capital value by focusing on their social capital potential, especially their role as transnational bridges between host and home countries. Gi-Wook Shin and Joon Nak Choi build on an emerging stream of research that conceptualizes global labor mobility as a positive-sum game in which countries and businesses benefit from building ties across geographic space, rather than the zero-sum game implied by the "global war for talent" and "brain drain" metaphors. The book empirically demonstrates its thesis by examination of the case of Korea: a state archetypical of those that have been embracing economic globalization while facing a demographic crisis—and one where the dominant narrative on the recruitment of skilled foreigners is largely negative. It reveals the unique benefits that foreign students and professionals can provide to Korea, by enhancing Korean firms' competitiveness in the global marketplace and by generating new jobs for Korean citizens rather than taking them away. As this research and its key findings are relevant to other advanced societies that seek to utilize skilled foreigners for economic development, the arguments made in this book offer insights that extend well beyond the Korean experience. Inhaltsverzeichnis Contents and Abstracts 1 Towards a New Model of Engaging Skilled Foreigners chapter abstract Korea has pursued new opportunities for continued growth, but has been hampered its lack of global talent— individuals with key skills conferring valuable advantages in global markets. Countries like the United States have generated such advantages by recruiting skilled foreigners. Korea has had difficulty recruiting such foreigners because its strong ethnic nationalism makes it comparatively unfriendly for foreigners. Yet, Korea can leverage skilled foreigners by inviting skilled foreigners for a short-term sojourn. Since they will have difficulty assimilating, such foreigners are not expected to stay and contribute their human capital over the long-term. However, if they return home, they can become transnational bridges linking Korea with their home societies and create mutually beneficial opportunities for information exchange, cooperation and trade. Overall, Korea and similar countries in Europe and Asia can benefit from participating in global brain circulation, even if their ethnic nationalism hampers them from assimilating skilled foreigners. 2 Foreign Students in Korea chapter abstract I...