The Dynamics Of R&D In Industrial Development

Linsu Kim and Gihong Yi

Industry and Innovation, 1997, vol. 4, issue 2, 167-182

Abstract: This paper discusses the evolution of R&D within a developing economy, focusing on the respective contributions of Government Research Institutes (GRIs), universities and private firms, and the links between them. Three phases in the development trajectory are identified, characterized by quite distinct R&D relationships. The framework is illustrated by the case of Korea, focusing on the lessons learned from Korea's successes as well as its failures.

Date: 1997
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DOI: 10.1080/13662719700000009

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