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Stay or Return?: Key Decision Factors of Foreign STEM Talents in Korea

Title
Stay or Return?: Key Decision Factors of Foreign STEM Talents in Korea
Author
오성수
Keywords
Korea; foreign talents; science and engineering; brain drain; post-graduate career
Issue Date
2014-10
Publisher
과학기술정책연구원
Citation
STI Policy Review Vol.5,No.2, 2014.10, 43-64 (22 pages)
Abstract
Korea has pursued an aggressive policy of inviting more foreign-born students to its universities since the late 1990s in the wake of the globalization of education markets and its changing demographic structure. While increasingly more students from Asia come to Korea for study, more than half of the graduates return home upon graduation. Given the issues of brain drain, brain circulation, and knowledge transfer that are raised by such a high return rate, this paper examines the factors that frame the foreign students’ decision on their post-graduation careers. By analyzing survey data, we report that Asian students majoring in science, technology, engineering, and mathematics (STEM) are more likely to return than non-STEM majors. This suggests that Korea’s aggressive policies of inviting foreign-born students have contributed to brain circulation and knowledge transfer between Korea and the other Asian countries. We also find that scholarships from Korean sources and positive attitudes toward Korean culture and life increase their inclination to stay in the country upon graduation. These findings, however, raise more questions than answers, since it becomes obvious that their post-graduation decisions are highly affected by what Korea as a society provides.
URI
http://www.dbpia.co.kr/Journal/ArticleDetail/NODE06291051http://hdl.handle.net/20.500.11754/52075
ISSN
2093-3053
Appears in Collections:
COLLEGE OF POLICY SCIENCE[S](정책과학대학) > PUBLIC ADMINISTRATION(행정학과) > Articles
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