South Korea: A Poorly Developed National Innovation System and a Leading Role in the Semiconductor Industry

A. to the south KOREA?S NATIONAL INNOVATION SYSTEM (NIS)1I. frugal OVERVIEW11.Economic victimisation history12.Major scotch indicators2II.SOUTH KOREA?S CATCH-UP INNOVATION MODEL21.Chaebol42.Government53.University7III.MAJOR WEAKNESSES OF SOUTH KOREA?S NIS81.Limitation of catch-up model92.Deficit engine room difference of payment93.Inefficient form _or_ system of government formulation104.Chaebols? roles to be reconsidered105.Heavy assent on hostile supplies106.Imbalanced stringency of R& vitamin A;D resources and outputs117.Poor interactions among GRIs, universities and private sector118.Shortage of basic research139.Inadequacy and grim quality of R&D manpower14IV.FUTURE VISION OF SOUTH KOREA?S NIS15B.SOUTH KOREA?S semiconductor unit INDUSTRY16I.OVERVIEW OF ACHIEVEMENTS IN THE SEMICONDUCTOR INDUSTRY16II.SOUTH KOREA?S SEMICONDUCTOR INDUSTRY IN INTERACTION WITH DRIVING FORCES171.From 1965 to 1983182.From 1983 to now19III.CASE meditate OF SOME SOUTH KOREA?S SEMICONDUCTOR C OMPANIES21C.CONCLUSION24BIBLIOGRAPHY25. A. SOUTH KOREA?S NATIONAL INNOVATION SYSTEMI. ECONOMIC OVERVIEW1. Economic Development HistorySouth Korea?s innovation advancement is for certain an integral part of its history, particularly the post-war time. Science and engineering policies change in each stage, existence both the reason and issuing for economic performance and priorities.

consort to World Bank?s study in 1993, Korean development history is dissever into 5 chief(prenominal) periods:? War, reconstruction and land reform (1950-60)? Export antic (1961-73)? Heavy and chemical industries drive (1973 -79)? Functional incentives and relaxation! sort (1980-90)? Financial sector liberalization (1990-now)Export lampoon periodThe export takeoff period was characterized by the rapacious promotion of exports combined with authoritative import protection at home by development trade, foreign exchange and monetary policies. The trade regime was prepossess in favor of exports. Technology was mostly acquired from abroad. Despite the incident that FDI policy in this period was rather free, foreign enthronement in South Korea remained very(prenominal) low due to uncertainties about the awkward?s policy-making and economic outlook. Therefore, FDI did not act as a main channel for technology transfer. This mission rest in policies of foreign licensing, giving priority to technology that promoted exports, create intermediate products for big(p) goods industries or brought diffusion effect to other sectors. The sumptuary policy on licensing strengthened local... If you want to get a honorable essay, order it on our website: BestEssayCheap.com

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