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Korea's Innovation System: Challenges and New Policy Agenda

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  • Suh, Joonghae

    (United Nations University, Institute for New Technologies)

Abstract

The challenges presented to the Korean Innovation System require several fundamental and structural changes. Some are more directly related to particular innovation actors and activities; but some are, directly and indirectly, related to the much wider context of the economic system as a whole. The role of the National Innovation System (NIS) in a knowledge based economy is as the primary producer of knowledge which enables sustained economic growth; however, at the same time, the configuration and constellation of the NIS is conditioned by a much broader socio-economic context, Some of these changes are already underway in South Korea, particularly in the wake of the financial crisis. Government, industry and research communities are all making painful efforts to reform. Some of these efforts are very positive, but some need to be more carefully designed.

Suggested Citation

  • Suh, Joonghae, 2000. "Korea's Innovation System: Challenges and New Policy Agenda," UNU-INTECH Discussion Paper Series 2000-04, United Nations University - INTECH.
    • Handle: RePEc:unm:unuint:200004
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    File URL: https://www.merit.unu.edu/publications/discussion-papers/2000-4.pdf
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    Cited by:

    1. Singh, Lakhwinder, 2006. "Globalization, national innovation systems and response of public policy," MPRA Paper 641, University Library of Munich, Germany.
    2. Singh, Lakhwinder, 2006. "Domestic and International Knowledge Spillovers in the South Korean Manufacturing Industries," MPRA Paper 98, University Library of Munich, Germany.
    3. Paola Criscuolo & Rajneesh Narula, 2008. "A novel approach to national technological accumulation and absorptive capacity: aggregating Cohen and Levinthal," The European Journal of Development Research, Taylor and Francis Journals, vol. 20(1), pages 56-73.
    4. Swati Mehta, 2018. "National Innovation System of India: An Empirical Analysis," Millennial Asia, , vol. 9(2), pages 203-224, August.
    5. Narula, Rajneesh, 2002. "Switching from import substitution to the ‘New Economic Model’ in Latin America: A case of not learning from Asia," Research Memorandum 042, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).

    More about this item

    Keywords

    National Innovation Systems; Innovation; Government Policy; South Korea;
    All these keywords.

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