This study provides guidelines for technology innovation strategy selection for the long-term development of any research, industrial, and academic venture. The study employs a systematic approach which considers development methods for the innovation system and addresses the role of the Korean government regarding this matter.
The National Innovation System is the term for the flow of technology and information among the people, enterprises and institutions of Korea, which key to the innovative process. The creation, diffusion, and commercialization of technology depends a complex relationship within the network, as well as in the individual performance of each individual element. Therefore, cooperation within a company, among businesses, and between enterprise and research is very important. Efficiency within the National Innovation System accomplishes technological advancement with limited resources. In order to enhance competitiveness and expand the growth potential of the national economy, innovation should be cultivated.
The government should support technological advancement in general, as it is crucial to the design of long-run technological development strategy. The perfect strategy would be to establish a private sector-led research and development consortium supported by the government. Additionally, universities and research institutions should continue to develop cutting-edge technologies. The role of universities and institutes is more significant, as it is difficult to distinguish the difference between developments in theoretical science and industrial technological advancements, especially in the state-of-the-art fields, such as semiconductors, superconductors, and biotechnology. Moreover, governmental support is required for research on applied technology, as well as studies on commercialization of new technology. The government should also actively support market development, as external economies can arise due to of the complexity of new technology.
In conclusion, specific measures to realize a long-term plan for the technology innovation system are as follows: First, the enterprise-centered research and development (R&D) network must be upgraded. Korea should acquire advanced technology through the internationalization of R&D, as well as improve domestic technologies. Next, Korea must improve the expertise within small and medium-sized businesses. Once the R&D consortium in each industry is established, the capability to develop technology within the industry will improve.
The next step is to reorganize the structure of public research institutions according to their function, and to redefine their role. Part of the entrance quota for master’s and doctorate programs in natural science and engineering should be allotted to applicants with experience in industry work, so as to encourage personal exchange between industry and academia. This will allow universities to increase their contributions to technological innovation.
In addition, Korea needs to reform the administration of scientific technology on a national level in order to build R&D strategy.
Finally, in the service of training and empowering experts in developing technology, the government should implement the following measures: expand the information network of each industry, restructure the financial industry, and standardize industrial technology.
한국기술혁신시스템의 효율화 방안(The efficiency plan of South Korea’s technology innovation system)
|Series Title; No||정책연구시리즈 / 93-07|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Industry and Technology < Manufacturing|
|Holding||KDI; KDI School|