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Using Knowledge as an Engine of Growth: The Case of South Korea

In: Beyond The Knowledge Trap Developing Asia's Knowledge-Based Economies

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  • Derek H. C. Chen

Abstract

The following sections are included:IntroductionThe Knowledge Economy FrameworkThe Korean Development StrategyThe Catch-up Period: 1950–1997The Financial Crisis of 1997Post-Crisis Period: 1998 to PresentMeeting Skill and Human Resources RequirementsHarnessing the Potential of Science and TechnologyBuilding Information InfrastructureDesigning a New Economic FrameworkLessons LearnedSynchronizing the KE Pillars with Economic DevelopmentEducation, Human Resource Development, and Lifelong LearningTechnological Adoption and InnovationMarket-Oriented Role of the StateExport-Led IndustrializationThe Pivotal Role of the GovernmentTop-down and Bottom-up Approaches to Build a National ConsensusConclusionReferences

Suggested Citation

  • Derek H. C. Chen, 2011. "Using Knowledge as an Engine of Growth: The Case of South Korea," World Scientific Book Chapters, in: Thomas Menkhoff & Hans-Dieter Evers & Yue Wah Chay & Eng Fong Pang (ed.), Beyond The Knowledge Trap Developing Asia's Knowledge-Based Economies, chapter 3, pages 47-86, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789814343688_0003
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