State Policy for Technological Innovation in East Asia: A comparative study of South Korea and Taiwan

Eriksson, SörenJönköping University,IHH, Nationalekonomi,IHH, Centre of Logistics and Supply Chain Management (CeLS) (author)

State Policy for Technological Innovation in East Asia : A comparative study of South Korea and Taiwan

South Korea and Taiwan are two of the most prominent examples of newly industrializing economies which have been remarkably successful during the last three decades. This paper gives an overview of South Koreas’s and Taiwan’s development and innovation policies, and compare between these two economies’ main strengths and weaknesses regarding innovation and technology. Conclusions drawn show that there are similiarities as well as differences in the innovation systems in the two economies. The role of the state has been fundamental in South Korea’s and Taiwan’s economic and industrial development. In South Korea there has been very strong ties between the chaebols and the state. The chaebols have been the greatest strenght of Korea’s innovation system, while the there is a lack of interplay between universities and the private sector. The role of the state in Taiwan has concentraded more on creating supporting institutions that have focused on building human resources, acquiring technology from abroad, creating science and technology capacities. In Taiwan it seems that there are more developed mechanisms to transfer research results from public research establishments to the industry, especially SMEs. The industrial policy in Taiwan has supported a rather close cooperation between industry and the state and increased connection between universities and the state. The weakest links seem to be between universities and the industry.

SAMHÄLLSVETENSKAP Social och ekonomisk geografi hsv//swe
SOCIAL SCIENCES Social and Economic Geography hsv//eng
SAMHÄLLSVETENSKAP Ekonomi och näringsliv Företagsekonomi hsv//swe
SOCIAL SCIENCES Economics and Business Business Administration hsv//eng
SAMHÄLLSVETENSKAP Ekonomi och näringsliv Nationalekonomi hsv//swe
SOCIAL SCIENCES Economics and Business Economics hsv//eng
TEKNIK OCH TEKNOLOGIER Maskinteknik Annan maskinteknik hsv//swe
ENGINEERING AND TECHNOLOGY Mechanical Engineering Other Mechanical Engineering hsv//eng
Technological innovation
State policy and innovation
Asia
South Korea
Taiwan
Development policy
Technology policy
Triple-Helix
Institutional spheres
Human geography, economic geography
Kulturgeografi, ekonomisk geografi
Business studies
Företagsekonomi
Economics
Nationalekonomi
Industrial organisation, administration and economics
Industriell organisation, administration och ekonomi

About the subject

SOCIAL SCIENCES: SOCIAL SCIENCES; and Economics and Bu ...; and Business Adminis ...

ENGINEERING AND TECHNOLOGY: ENGINEERING AND ...; and Mechanical Engin ...; and Other Mechanical ...

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