Urban innovation policy in the postdevelopmental era: Lessons from Singapore and Seoul

Kris Hartley, Jun Jie Woo and Sun Kyo Chung

Asia and the Pacific Policy Studies from Crawford School of Public Policy, The Australian National University

Abstract: This article examines the impact of policies for start†up and entrepreneurship on the developmental model that remains a policy legacy in many Asian countries. The main argument is that the influence of central planning is deeply embedded in the institutions of the Four Asian Tigers, but globalisation and economic liberalisation are disrupting the old developmentalism by incentivising innovation and structural adaptability. In practice, although developmentalism once focused on infrastructure and industrial policy, softer strategies such as attracting educated millennials through urban amenities and creative clustering mimic those of the postindustrial West. Either this trend represents the end of developmentalism or top†down industrial policy is being rebranded to embrace knowledge and service industries. This article examines this issue at the urban scale, examining policies used by Singapore and Seoul to encourage start†ups and entrepreneurship in the context of innovation. Government documents are examined and findings compared.

Pages: 16 pages
Date: 2018-10-05
New Economics Papers: this item is included in nep-ino, nep-sea and nep-ure
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Published in Asia & the Pacific Policy Studies, September 2018, pages 599-614

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Persistent link: https://EconPapers.repec.org/RePEc:een:appswp:201843

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