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East Asian Institute for Business Research and Culture

 

Mission Statement

East Asia has been one of the most dynamically growing areas in the world. The East Asian Institute for Business Research and Culture at Alabama State University fosters dynamic synergy between research, academics and industry leaders. The Institute advances research, education, and service on Commerce, Culture, and other global perspectives of East Asian Countries to promote cooperation and peace. We encourage research on East Asia by providing data and other resources. We also educate future global leaders by learning and experiencing the global outreach. We serve the community by disseminating global perspectives of East Asia.


Purpose

Our purpose is to become the research hub and gateway to East Asia. The East Asian Institute for Business Research and Culture aims to play the role of a hub between the Southern United States and East Asian regions, providing a basis for research and expanding the level of exchange while supporting the globalization and world peace oriented vision of the College of the Business Administration (COBA) in Alabama State University.


Vision

The East Asian Institute for Business Research and Culture's vision is to:

  • To contribute to world peace through economic exchange 
     
  • To globalize the business school through exchange and cooperation with East Asian Countries (Korea, China, Taiwan, Japan, India, and Thailand
     
  • To create business leaders with a global vision


Background

  • Due to recent expansions in economic connections between the United States and Easter Asian countries, both economic and human exchange has increased as well. There is an increasing amount investment by Asian corporations such as the Korean Hyundai Corporation in Alabama where the university is located.
  •  With countries such as Japan (world’s 2nd), China (world’s 5th), Korea (world’s 11th), and India (world’s 13th), Eastern Asia is where the most dynamic economic development is taking place, possibly to become the world’s biggest economic region within a decade.
  •  Along with the development of these Asian countries, more and more Asian companies are viewing the United States with Alabama as a strong candidate for lucrative business opportunities.
  • Alabama State provides many advantages such as direct contact with the market, economically accessibility to land, relatively low labor costs, and incentives provided by the local government for potential Asian investors such as Korean, Chinese, Indian companies.
  •  Despite the potential and development of East Asian countries, the regional distance from the East Asia limits any deeper studies on the area despite an increase in interest.
  • Especially as Korea is aiming to conclude the Free Trade Agreement with the United States as of 2007, the economic exchange between the two countries are expected to expand greatly, equally increasing the demand of experts in this field.
  •  Experts in this field will be in greater demand as East Asian countries have a relative limitation in terms of English language skills. Therefore, expertise on the East Asian region will open a “Blue Ocean” opportunities in terms of jobs and self development for the students in College of Business Administration of Alabama State University.
     

Advantages

The Alabama State University and the College of Business Administration (COBA) has had little exchange with Asian countries. While East Asian professors do consist a portion of the business school faculty, there was little participation in the actual study of the area. The research institute provides incentives for a more active participation.

With the globalization of the corporate environment, especially with the expansion of the East Asian market, more study on the local industry, economy and corporate environment is being required. Unfortunately, the lack of related data and experts restrict the school from any significant studies to take place. As part of the research institute, we  contribute to overcoming these limitations. Furthermore, we provide a link with East Asia through supporting both the research on the countries and the investment of such countries in the local region.

 

 

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