The Place of R&D and Education Policies in South Korea’s Economic Development

Aslı Kavurmaci ()
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Aslı Kavurmaci: Istanbul University, Faculty of Industrial Relation and Labor Economics and Lecturer at Bandirma Onyedi Eylül University, Bandırma, Balıkesir

Journal of Social Policy Conferences, 2018, vol. 0, issue 74, 51-64

Abstract: Undoubtedly, one of the influential factors in the economic development of a country is its educated and skilled human resources. A meaningful relationship between education and level of development has required countries to determine a national science and technology policy. In this context, it would not be wrong to argue that increased intellectual capital, high numbers of published scientific articles, number of patents set in universities and research centers, and expenditures of R&D affect the level of a country’s development in terms of intellectual context. Aiming to create a qualified workforce with the guidance of technology and education, Korea puts this goal into practice by following the innovations in all education levels from primary education to university level and by giving priority to these innovations in most cases. Briefly, the aim of this study is to emphasize that education and R&D policies have been an important driving force behind Korea’s development.

Keywords: South Korea; Educational policies; R&D policies; Economic developments (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ist:iujspc:v:0:y:2018:i:74:p:51-64

DOI: 10.26650/jspc.2018.74.0003

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