Industry and Technology Policies in Korea

Alistair Nolan, Jinhyuk Choi, Minjung Kang, Dirk Pilat, Ken Warwick, Nicholas Vonortas, Stefan Kuhlmann, Andrew Wyckoff, Nick Johnstone

    Research output: Book/ReportBook editingPopular

    Abstract

    The Korean innovation system is in many ways highly developed and has helped to underpin Korea’s rapid industrialisation. However, long-standing policy emphases on manufacturing and large firms are today in question. Structural problems - such as the relatively weak innovation performance of SMEs, a lagging services sector and limited domestic job creation among the industrial conglomerates - have led to a shift in policy priorities. This shift is crystallised in the current government’s Creative Economy Strategy, which entails a far-reaching set of measures aimed at fostering cutting-edge innovation and consolidating a knowledge-based economy increasingly driven by high-value services. This review addresses Korea’s industry and technology policies and institutions, and provides policy recommendations
    Original languageEnglish
    Place of PublicationParis
    PublisherOECD
    Number of pages208
    ISBN (Print)9789264213210
    DOIs
    Publication statusPublished - 2014

    Publication series

    NameOECD Reviews of Innovation Policy

    Keywords

    • METIS-306292

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