SPECIFIC FEATURES OF INNOVATION SYSTEM FORMATION OF THE REPUBLIC OF KOREA

Cover Page

Abstract


Achievements of the Korean economy are the result of performance of the Korean innovation system. The article describes the path of national innovation system development of the Republic of Korea. The study identifies factors of the Korean success: close cooperation between the state, business and scientific community; leading role in the innovation process of small and medium-sized enterprises; specific forms of technology transfer; the creation of innovation clusters; strategic government regulation of the innovation system. However, the Korean innovation model has revealed its limitations: the necessity of further restructuring of chaebol, the paucity of venture capital institutions, the necessity of creation of innovative potential in many fields of science and technology. The basic lessons that can be learned from the experience of the Republic of Korea are formulated.

About the authors

E A Kolotyrina

Peoples’ Friendship University of Russia

References

Statistics

Views

Abstract - 251

PDF (Russian) - 664

Cited-By



Copyright (c) 2015 Колотырина Е.А.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

This website uses cookies

You consent to our cookies if you continue to use our website.

About Cookies