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Korea as a Knowledge Economy by Chung-hae S?,Derek Hung Chiat Chen Pdf
Korea's development process offers valuable lessons for other developing and less developed economies. In particular, the way Korea uses outside technologies, by accumulating indigenous capabilities, is still valid in the era of the knowledge economy. This volume examines the Korean model and Korea's march toward a knowledge economy from a poverty-ridden economy before the launch of full-scale industrialization in the early 1960s. It also emphasizes Korea's achievements, as well as remaining tasks within the four pillars of the knowledge economy, with a common theme throughout -- how Korea has narrowed the gaps in its knowledge and institutions in global competition with world leaders.
Korea and the Knowledge-based Economy by Carl J. Dahlman,Thomas Andersson Pdf
Korea is a country with limited natural resources, which has developed through a strategy of industrialisation and the economies of scale. However this is being challenged by the rise of knowledge as a principal driver of competitiveness. This book is the result of a joint study by the OECD and the World Bank to develop a comprehensive set of national policy responses to the knowledge revolution. It concentrates on four areas: 1) an institutional and economic regime that provides incentives for the creation of new knowledge and its efficient use; 2) an educated and entrepreneurial population; 3) a dynamic information infrastructure; 4) an efficient system of innovation.
Korean Science and Technology in an International Perspective by Jörg Mahlich,Werner Pascha Pdf
South Korea has attained spectacular economic success in recent decades. It has reached the status of a Newly Advanced Economy, with challenges increasingly mirroring those faced by other advanced economies. These include the necessary upgrading of the labor force, the frictions of switching to a national system of innovation adapted to leadership in R&D, market-based economic policies that reflect the government’s difficulties in foreseeing future technological developments, and the consequences of social change for the innovation system and policy-making. In the forthcoming book the parallel challenges for innovation and technology for the Republic of Korea and other advanced economies will be analyzed more thoroughly with an international perspective in mind. This comparison and international benchmarking will allow policy makers and scholars to better appreciate how much the country has already moved into the circle of globally leading economies and what can be done to consolidate and strengthen its position.
Based on the success of the World Scientific publication ?Governing and Managing Knowledge? edited by Thomas Menkhoff, Hans-Dieter Evers and Chay Yue Wah in 2005, this unique volume presents 16 new theoretical-practical papers on the strategic aspects of developing knowledge-based economies with case studies from South Korea, Singapore, Malaysia, Thailand, Vietnam, Indonesia, Philippines and Uzbekistan. A key question which the book seeks to answer is what Asian policy-makers and leaders in government, economy and society can do to further enhance learning and capability formation so as to foster sustainable development in an increasingly globalized world. It addresses the politico-cultural and socio-economic challenges of effectively managing both knowledge resources and coping with the great digital divide created by globalization, continuous technology innovations and rapid external change. A key objective of the publication is to enable latecomers in the knowledge race to understand some of the critical success factors of sustainable knowledge-based development and what it takes to build a resilient knowledge-based economy.
Cases on Applying Knowledge Economy Principles for Economic Growth in Developing Nations by Piaggesi, Danilo,Landazuri, Helena,Jia, Bo Pdf
The knowledge economy is the added non-monetary value that society accrues from increased access to data, information, and knowledge in the new, globally connected world. ICT and technology innovation are paving the way for significant economic development opportunities for countries that have embarked in a concerted effort to model their economies according to the knowledge economy principles. Among developing countries, knowledge economy principles are being applied mostly in a sector-wise level, where government intervention with enabling policies coupled with joint efforts by the private sector, academia, and other actors are resulting in durable and sustainable benefits. Cases on Applying Knowledge Economy Principles for Economic Growth in Developing Nations examines cases from developing countries in order to derive an adapted model of knowledge economy that could be applied to developing country conditions. This book contributes to the change of paradigm on how to help developing countries in advancing to better conditions by using ICT-related technology. Covering topics such as learning organizations, green technology, and sustainable organizations, this is a dynamic resource for emerging economies, researchers, students, professors, academicians, and multilateral organizations helping developing countries.
In this book Youngil Lim explores the process by which the poverty-stricken agrarian economy of South Korea was transformed over the past three decades into a semi-industrial urban economy. The chief questions Lim addresses are: Where did South Korea's technological knowledge come from? What did the government and market do to nurture such rapid learning? Will a continuation of current policy enable South Korea to catch up with other OECD countries? What is the appropriate role of the National Research and Development Program within the framework of the National System of Innovation?Because they defy quantitative measurement, institutional and organizational skills are often neglected in mainstream economic analyses. Lim shows how institutional and organizational skills help to explain the fast pace of learning and of upgrading technological capability and productivity. After discussing neoclassical views of the South Korean experience as well as the views of economists emphasizing institutional aspects of industrialization, Lim offers his own synthesis and speculates on South Korea's technological future.
Essay from the year 2014 in the subject Economics - Macro-economics, general, grade: Excellent 1.0, University of Applied Sciences Technikum Vienna (International Business and Engineering), course: Global Economy, language: English, abstract: The division of Korea into South and North following the Korean War in 1950-1953, left the countries devastated and their economy completely destroyed. Both of the new formed republics chose a specific approach to rebuild the economy. Now, 60 years later, the results of each strategy are clearly evident. What were the key factors that boosted South Korea’s economy to the top position in the world? What measures can South Korea take to keep this front position also in the future? How could the different political developments influence the economic prosperity of each country? These questions will be answered in the following pages.
Korean Education in Changing Economic and Demographic Contexts by Hyunjoon Park,Kyung-keun Kim Pdf
This edited volume offers a comprehensive survey of Korean education in transition. Divided into three parts, the book first assesses the current state of Korean education. It examines how the educational system handles the effects of family background and gender in helping students smoothly transition from school to the labor market. Next, the book introduces growing concerns over whether the traditional model of Korean education can adequately meet the demands of the emerging knowledge-based economy. It examines features of new reform measures that have been introduced to help Korean education prepare students for the new economy. The third part discusses how an influx of diverse migrant groups, including marriage migrants, migrant workers, and North Korean migrants, and the rising divorce rate — two major demographic changes— challenge the fundamental assumption of cultural homogeneity that has long been a part of Korean education. This detailed analysis of a society and educational system in transition will appeal to a wide range of readers, from those involved with Korean education to educators and administrators in countries currently looking for ways to handle their own economic and demographic changes.
The Economic Development of South Korea by Seung-hun Chun Pdf
How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north? This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.
Comparative Advantage in the Knowledge Economy by Rajib Bhattacharyya Pdf
Comparative Advantage in the Knowledge Economy: A National and Organizational Resource provides a comprehensive and insightful understanding of all the dimensions of a transition from a traditional to a knowledge economy.
India and the Knowledge Economy by Carl J. Dahlman,Anuja Utz Pdf
"In the global knowledge economy of the twenty-first century, India's development policy challenges will require it to use knowledge more effectively to raise the productivity of agriculture, industry, and services and reduce poverty. India has made tremendous strides in its economic and social development in the past two decades. Its impressive growth in recent years-8.2 percent in 2003-can be attributed to the far-reaching reforms embarked on in 1991 and to opening the economy to global competition. In addition, India can count on a number of strengths as it strives to transform itself into a knowledge-based economy-availability of skilled human capital, a democratic system, widespread use of English, macroeconomic stability, a dynamic private sector, institutions of a free market economy; a local market that is one of the largest in the world; a well-developed financial sector; and a broad and diversified science and technology infrastructure, and global niches in IT. But India can do more-much more-to leverage its strengths and grasp today's opportunities. India and the Knowledge Economy assesses India's progress in becoming a knowledge economy and suggests actions to strengthen the economic and institutional regime, develop educated and skilled workers, create an efficient innovation system, and build a dynamic information infrastructure. It highlights that to get the greatest benefits from the knowledge revolution, India will need to press on with the economic reform agenda that it put into motion a decade ago and continue to implement the various policy and institutional changes needed to accelerate growth. In so doing, it will be able to improve its international competitivenessand join the ranks of countries that are making a successful transition to the knowledge economy."
