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Japan’s Role in the Development of Korean Technology

In: Korea’s Economic Miracle

Author

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  • Robert Castley

    (University of Manchester)

Abstract

Most would probably agree that technical progress is ‘one of the prime movers of economic growth’1 especially since it is rightly perceived to be a crucial ingredient in the process of industrialization. Technology is a key ‘input’, in that it combines the various factors of production. This ‘factor’2 partly accounts for the ability of Korea (and the other NICs) to modify the composition of output, improve productivity, enhance competitiveness and benefit from higher value-added in new segments of world markets. Despite its importance, little attention has been given to Korea’s acquisition of foreign technology in much of the literature on Korea, which is surprising given the general interest in her industrial development.

Suggested Citation

  • Robert Castley, 1997. "Japan’s Role in the Development of Korean Technology," Palgrave Macmillan Books, in: Korea’s Economic Miracle, chapter 4, pages 146-166, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-25833-8_5
    DOI: 10.1007/978-1-349-25833-8_5
    as

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