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Building innovative cluster as a strategy for transition from low-tech to high-tech development : A case study in Seoul metropolitan city

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  • Building innovative cluster as a strategy for transition from low-tech to high-tech development
  • Park, Sang-Chul
  • Science and Technology Policy Institute


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Title Building innovative cluster as a strategy for transition from low-tech to high-tech development
Similar Titles
Sub Title

A case study in Seoul metropolitan city

Material Type Reports
Author(English)

Park, Sang-Chul

Publisher

Seoul:Science and Technology Policy Institute

Date 2008-10
Series Title; No 정책자료 / 08-08
Pages 38
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Science/Technology
Holding Science and Technology Policy Institute

Abstract

The process of economic globalization has changed the access to technology and the conditions under which strategically important technology can and will be generated and transferred, and then not necessarily in favor of the technologically advanced nations. In many countries, access to core technological capabilities is regarded as the most important factor in strengthening national competitiveness. This shift has affected South Korea to a great extent, because the nation cannot develop further without inventing its own core technology. Inevitably, this requires vast amounts of capital and takes a long time, but not to be outdone South Korea has invested heavily in high-tech areas such as IT, BT, ET, and NT. To the extent that the country is successful, technological and economic convergence can be achieved. (The rest omitted)