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Looking for a second miracle on the Han river : The roots of South Korea's leading univenture ecosystems: Kaist and Postech

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  • Looking for a second miracle on the Han river
  • Lee, S. David
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Title Looking for a second miracle on the Han river
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Sub Title

The roots of South Korea's leading univenture ecosystems: Kaist and Postech

Material Type Books
Author(English)

Lee, S. David

Publisher

none : none

Date 2016
Pages 9
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Social Development < Education
Holding Tel Aviv University
License

Abstract

When South Korean President Park Geunhye assumed office on a cold February day in 2013 it was a momentous occasion. Her father, Park Chung-hee, a polemical figure in South Korean history, had served as President of South Korea after seizing power following a military coup. The former general is widely credited for laying the foundation for South Korea’s rapid economic development, often referred to as the “miracle on the Han River.” His legacy, however, is tarnished due to his hard-handed, authoritarian rule. Now his daughter was being inaugurated as the first female President of a traditionally patriarchal society. During her inauguration address, President Park evoked South Korea’s recent past by promising a “second miracle on the Han River.” She hoped to accomplish this by promoting a creative economy and economic democratization. She defined a creative