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The Role Of Innovation In The Economic Development Of South Korea

Author

Listed:
  • Gica CULI?A

    (”Constantin Brâncoveanu” University of Pite?ti, Romania)

Abstract

The world is constantly changed by new scientific and technical discoveries, which benefit the developers of these technologies, the host states and, last but not least, the users. Of the many areas available, we have chosen the market of smartphones, more specifically the one of Samsung, a company which has constantly evolved and has been able to compete with Apple. This development has not only affected the company, but it also generated an increase in the formation of GDP in South Korea and, as a result, it impacted the country's economic development.

Suggested Citation

  • Gica CULI?A, 2018. "The Role Of Innovation In The Economic Development Of South Korea," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 3(4), pages 50-59.
    • Handle: RePEc:brc:brccej:v:3:y:2018:i:4:p:50-59
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    More about this item

    Keywords

    economic development; South Korea; Samsung; smartphones; innovation;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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