Korea's Innovation System: Challenges and New Policy Agenda

Joonghae Suh ()
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Joonghae Suh: United Nations University, Institute for New Technologies

No 2000-04, UNU-INTECH Discussion Paper Series from United Nations University - INTECH

Abstract: The challenges presented to the Korean Innovation System require several fundamental and structural changes. Some are more directly related to particular innovation actors and activities; but some are, directly and indirectly, related to the much wider context of the economic system as a whole. The role of the National Innovation System (NIS) in a knowledge based economy is as the primary producer of knowledge which enables sustained economic growth; however, at the same time, the configuration and constellation of the NIS is conditioned by a much broader socio-economic context, Some of these changes are already underway in South Korea, particularly in the wake of the financial crisis. Government, industry and research communities are all making painful efforts to reform. Some of these efforts are very positive, but some need to be more carefully designed.

Keywords: National Innovation Systems; Innovation; Government Policy; South Korea (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (5)

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