Political Economy of the Korean Online Game Industry
Political Economy of the Korean Online Game Industry
This chapter examines the ownership patterns, market structure, and financing of the Korean online game industry. It maps out the forces driving its development by examining government policies and competition among online game companies. In particular, it addresses the major role that the government has played in the development of IT, which includes the online game sector. Finally, the chapter provides a historical account of how the online game industry contributed to the diffusion of online games in the socioeconomic milieu specific to Korea. It also sheds light on current debates of neoliberal transformation in the global video game industry and its culture.
Keywords: online games, gaming industry, IT policy, government policy, online game companies, video game industry
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