Innovation and Technology in Korea Challenges of a Newly Advanced Economy [Paperback]

The Korean government believes it can turn the country into one of the top 10 competitive economies by 2010. This volume offers an in-depth analysis of the Korean innovation system and shows how its science and technology policies actually work. As Koreas economy is now reaching the status of a newly advanced economy, the book also takes a close look at ongoing structural changes in the course of economic globalization.

Only inadequately perceived by the Western public, Korea has transformed into an economic heavy weight during recent decades. The Korean government believes it can turn it into one of the top 10 competitive economies until 2010. This goal does not sound overambitious as Korea has undergone tremendous efforts in order to forge ahead in the field of research and development. In some high tech industries, Korean firms have advanced into leading players in the global market place and are increasingly challenging their international competitors. Against this background, the volume offers an in-depth analysis of the Korean innovation system and shows how its science and technology policies actually work. As Koreas economy is now reaching the status of a newly advanced economy, the book also takes a close look on ongoing structural changes in the course of economic globalization.

Introduction: Korea as a Newly Advanced Economy and the Role of Technology and Innovation.- Introduction: Korea as a Newly Advanced Economy and the Role of Technology and Innovation.- General Surveys.- The Korean Innovation System: From Industrial Catch-Up to Technological Leadership?.- The Development of Technological Capability and the Transformation of Inward FDI in Korea from 1962 to 2000.- On the Time Lag between Technology Policy and FDI Policy in Korea - A Comment on Jin-Hyo Joseph Yuns Paper.- Paradigm Shift and Challenges for Korean Industry: Case Study of Samsung.- Cross-cutting Issues.- Corporate Governance and Investment in R&Dl³&