The Development Experience of the Korean Machinery Industry and its Implications for Developing Countries

Kwang-Soon Park ()
Additional contact information
Kwang-Soon Park: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr

No 18/3, Occasional Papers from Korea Institute for Industrial Economics and Trade

Abstract: The machinery industry is a very difficult sector to develop in the short term. It is also not easy to drastically shorten the developmental period. Therefore, it is necessary for developing countries to thoroughly review Korea’s policy trends when designing machinery industry policies. This paper outlines various factors and the implications they carry, which major developing countries such as Indonesia, Malaysia and Vietnam should consider when establishing detailed policies to nurture their machinery industries.

Keywords: development policy; industrial development; machinery industry; technological development; innovation; R&D; economic history; sectoral history; industrial policy; enterprise policy (search for similar items in EconPapers)
JEL-codes: L52 L53 L60 L64 M11 M20 M54 N65 N85 O14 O20 O21 O25 O30 O32 O33 (search for similar items in EconPapers)
Pages: 77 pages
Date: 2018-11-23
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.kiet.re.kr/en/pub/occapaperList Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:kietop:2018_003

Access Statistics for this paper

More papers in Occasional Papers from Korea Institute for Industrial Economics and Trade Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea. Contact information at EDIRC.
Bibliographic data for series maintained by Aaron Crossen ().