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Monitoring and analysis of policies and public financing instruments conducive to higher levels of R&D investments : The "Policy Mix" project

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  • Monitoring and analysis of policies and public financing instruments conducive to higher levels of R&D investments
  • Ahn, Choong Yong
  • European Commission


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Title Monitoring and analysis of policies and public financing instruments conducive to higher levels of R&D investments
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Sub Title

The "Policy Mix" project

Material Type Reports
Author(English)

Ahn, Choong Yong

Publisher

[Brussels]:European Commission

Date 2007-12
Pages 30
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Science/Technology
Holding European Commission

Abstract

This report presents a review of industrial restructuring in South Korea (hereafter Korea) since the 1960s. Our aim is to analyze the dynamic interaction between policies and structural change in the Korean economy. The Korean industrial policy has undergone several changes since the 1960s. In the first phase, the goal was to increase exports in light manufacturing and to develop infrastructure industries to reduce imports. This goal was supported by the construction of several industrial complexes. In the 1970s, the policy shifted from a focus on light industries to a focus on heavy and chemical industries, requiring the development of national champions. In the 1980s, the national policy sought to better distribute economic activity across the country to balance development, by adding mid-scale industrial firms in the local production system. In the 1990s, the Government recognized the importance of the knowledge economy and began to promote the designation of “advanced science industrial complexes”. (The rest omitted)

User Note

Case study: South Korea