Korea As A Knowledge Economy : Evolutionary Process And Lessons Learned

Author: Derek Hung Chiat Chen
Publisher: World Bank Publications
Keywords: lessons, learned, process, evolutionary, knowledge, economy, korea
Number of Pages: 204
Published: 2007
ISBN-10: 0821372017
ISBN-13: 9780821372012

Book Description:

Korea's development process offers valuable lessons for other developing and less developed economies. In particular, the way Korea uses outside technologies, by accumulating indigenous capabilities, is still valid in the era of the knowledge economy. This volume examines the Korean model and Korea's march toward a knowledge economy from a poverty-ridden economy before the launch of full-scale industrialization in the early 1960s. It also emphasizes Korea's achievements, as well as remaining tasks within the four pillars of the knowledge economy, with a common theme throughout-how Korea has narrowed the gaps in its knowledge and institutions in global competition with world leaders.

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