콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Industry and Technology General
Industry and Technology Science/Technology

Print

Technological learning in late-industrialization : The case of Korea’s engineering industry

Related Document
Frame of Image el of investment
• Initially foreign savings and rising domestic savings • Accumulation of physical capital faces diminishing returns to scale • Without productivity growth, investment cannot be sustained
Gross fixed capital formation (% of GDP)
(% ) 40.0
Rapid industrialization creates huge demand for engineering
Growth Trajectory, East Asia & NIEs
(USA = 100)
China Taiwan Singapore Korea Japan Hong Kong
30.0
20.0
0
0
20
40
productivity 60 80
100
10.0 1960 1964 1968 1972 1976 1980 1984 1988 1992 1996 2000 2004
20
40 capital stock
60
80
100
- Rapid growth in R&D since early 1980s. - It is not until early 1980s that business enterprises responded to government initiatives in R&D - How to achieve efficiency without R&D spending?
BERD/Sales, %
2.5
Evolution of Major Incentive Schemes for Industrial R&D
Before 1970s 1970s 76 77 1980s 84 86 1990s 92
73
74
78
79
81
82
91
Technology Development Reserve Funds System Tax Credit or Special Depreciation for Investment in Equipment to develop Technology and Manpower Duty Abatement or Exemption (A/E) on Goods for Academic Research Tax Credit for Technology and Manpower Development Expenses Tax Exemption for Real Estates of Private Enterprises’ Affiliated Research Centers Tax Exemption for Research Devices and Samples Duty A/E on Goods for Research Deduction and Exemption of the Corporate Tax for the Foreign Investment Accompanied by Technology Requisite Reduction and Exemption of Tax Amount on Technology Transfer Income Income Tax Exempti


Full Text
Title Technological learning in late-industrialization
Similar Titles
Sub Title

The case of Korea’s engineering industry

Material Type Proceedings
Author(English)

Suh, Joongae

Publisher

[Ottawa]:OECD Development Centre

Date 2012-08
Event

KDI-MIT-WBI 공동 후발개도국의 산업정책과 리더십 연구 전문가워크숍

Pages 4
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < General
Industry and Technology < Science/Technology
Holding KDI; KDI School of Public Policy and Management