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

      Fingerprint

    Keywords

    • METIS-306292

    Cite this

    Nolan, A., Choi, J., Kang, M., Pilat, D., Warwick, K., Vonortas, N., ... Johnstone, N. (2014). Industry and Technology Policies in Korea. (OECD Reviews of Innovation Policy). Paris: OECD. https://doi.org/10.1787/9789264213227-en