[KSCI] Korea Science Citation Index Service

http://dx.doi.org/10.7165/wtr2012.1.3.186

S&T Theories and National Competitive Advantages in South Korea

Kim, Sang-Tae (Dept. of Politics, Hannam University)

Publication Information

World Technopolis Review / v.1, no.3, 2012 , pp. 186-191 More about this Journal

Abstract

To understand South Korea's economic success several contending paradigms have emerged, ranging from a neo-classical explanation to a statist perspective, and Schumpeterian structuralism. The Korean miracle can be seen as a product of multiple factors involving the strategic choice of export-led growth, timely and active human-capital investment, business activism, and individual innovative ideas. However, South Korea needs more complex and innovative ideas to continue its both economic growth and S&T Development. The ideas of Schumpeterian structuralist needs to be more emphasized. Changing state-society relations and subsequent policy choice are greatly influenced by the industrial life cycle. The industrial life cycle is closely related to the historical sequencing and diffusion of technology. The complex mixture of statist-market-Schumpeterian structuralist perspectives could lead more technologically advanced society in South Korea.

Keywords

S&T Theories; statism; market perspective; Schumpeterian structuralism; mixture of state-market-Schumpeterian structuralism; technology of international competitiveness;

Citations & Related Records

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