Innovative Growth Strategy in the US, Europe and Japan

Gyu-Pan Kim (), Gu Sang Kang (), Jonghyuk Kim (), Taehyun Oh (), Hyun Jean Lee () and Wonju Son ()
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Gyu-Pan Kim: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Gu Sang Kang: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Jonghyuk Kim: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Taehyun Oh: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Hyun Jean Lee: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Wonju Son: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do

No 20-16, World Economy Brief from Korea Institute for International Economic Policy

Abstract: The Korean government is implementing innovative growth policies such as not only a super-connected intelligence project, smart city, smart factories for innovative SMEs, and start-up ecosystem projects, but also policies to innovate regulations and create an innovative infrastructure. The purpose of this study is to suggest the policy implications for the Korean government by analyzing innovative growth policies of major countries such as the United States, Germany, France, and Japan. Against this backdrop, this study focused on a comparative analysis of fourth industrial revolution areas currently being pursued by the Korean government: smart factories, start-up ecosystem, and the fintech industry.

Keywords: SMEs; US; EUROPE; JAPAN; Innovative Growth (search for similar items in EconPapers)
JEL-codes: A10 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2020-06-02
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2020_016

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