This paper examines the history and current status of Korean Studies as regional studies and discusses the development strategies of Korean Studies based on these discussions. In particular, I discussed the introduction and research of Korean Literature in the level of Korean Studies. And I considered the history of Korean Studies as regional studies in China, Taiwan, Russia, the United States, and Vietnam. In addition, I paid attention on the various aspects of Korean Studies as regional studies, and specifically described the direction of Korean Literature research as Korean Studies. Based on these discussions, I proposed the development strategy of Korean Studies in order to strengthen its specificity, focusing on interdisciplinary studies of Korean Studies and Korean Literature.