The semiconductor industry represents one of the most dramatic cases of success that the newly industrialising country, Korea, has achieved. Korean firms like Samsung have been able to catch up and move to the frontier in a narrow range of products of this technology-intensive industry within a very short time, now becoming major global players in the world DRAM market. At the same time, as shown before the quality of the Korean national system of innovation was and is relatively poor, in terms of both its major components and its interactive quality.
In dealing with this apparently intriguing phenomenon, we shall here try to explain the growth dynamics of the Korean semiconductor industry. This will be undertaken primarily by using the concept of sectoral governance. We shall reconstruct the historically evolving interactions of state, market and firm, and identify the changing pattern of sectoral governance, its causes, and its consequences for the development process of the Korean semiconductor industry.
By examining the ways in which the three critical variables of state, market and firm have interacted and combined to produce the present performance of the Korean semiconductor industry, we shall aim to move beyond the state vs. market dualism which has dominated the literature on Korean/East Asian industrialisation. In this way, we intend to provide some sophisticated insights into the growth dynamics of the Korean semiconductor industry.(The rest is omitted)
- The Korean system of innovation and the semiconductor industry
- Kim, S. Ran
- Sussex European Institute(Science Policy Research Unit)
The Korean system of innovation and the semiconductor industry
A governance perspective
Brighton:Sussex European Institute(Science Policy Research Unit)
|Series Title; No||SPRU/SEI-Working Paper|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Industry and Technology < Science/Technology|