scholarly journals Impediments to Sustaining South Korea’s Economic Development: Pathologies of Cooperation in Intra-Team Dynamics of Technology Commercialization

2019 ◽  
Vol 11 (11) ◽  
pp. 3040
Author(s):  
Tahir Hameed ◽  
Peter von Staden ◽  
Ki-Seok Kwon
Keyword(s):  
Economic Development ◽  
South Korea ◽  
Policy Making ◽  
Linear Models ◽  
Technology Policy ◽  
Developed Countries ◽  
Technology Commercialization ◽  
Team Dynamics ◽  
South Korean ◽  
Interdependence Theory

Technology innovation and commercialization have been the cornerstone of South Korea’s remarkable economic development. In this paper, we argue that South Korea’s technology-based economic development is unsustainable without fundamental changes in its technology policy-making and implementation approaches. Developed countries’ systems of innovation (SI) operating at the technology frontier have increasingly embraced bottom-up technology policy, making them more reliant on cooperation among teams at the project level. Drawing on Social Interdependence Theory, this research finds that the intra-team dynamics of South Korea’s technology transfer and commercialization (TTC) process negatively impacts on not only current TTC projects, but also the transition of South Korean SI toward an integrative policy approach that fosters innovation and commercialization. It is clear that the top-down policy-making model supportive of linear models of innovation that South Korea has relied on for so long needs to be replaced. However, the current intra-team dynamics of TTC teams may continue to hinder this transition. While Korean TTC teams perceive themselves to be cooperative and effective in general, there is a pronounced lack of cathexis which undermines their cooperation. This may be an impediment to the success of technology commercialization teams and their projects. Further research is warranted to confirm this finding and explore the extent to which this problem hinders the sustained technology-led development of South Korea.

scholarly journals South Korea’s Economic Development and Trade Relations with Serbia: Trends and Perspectives

2021 ◽  
Vol 59 (2) ◽  
pp. 211-226
Author(s):  
Sanela Mrdaković ◽  
Miloš Todorović
Keyword(s):  
Economic Development ◽  
Human Resources ◽  
South Korea ◽  
Developed Countries ◽  
Academic Community ◽  
Development Model ◽  
Economic Relations ◽  
Trade Relations ◽  
South Korean ◽  
Current Trends

Abstract The spectacular economic development of South Korea in recent decades has continuously intrigued economists, academic community and general public. Whether such a development model be applied to other, less developed countries is one of the topics often explored in a number of studies and debates. Therefore, the principles of South Korean development model and the economic parameters of its foreign trade today, are some of the research aims of this paper. The research focuses on economic relations between South Korea and Serbia, current trends and prospects for future economic cooperation through the analysis of comparative advantage of the most prominent export products and industries, using the RCA index. The analysis shows that Serbia has a potential to further improve cooperation with South Korea in several export sectors, and coupled with investments in human resources and infrastructure, as well as the active promotion of Serbian market to South Korean companies, it may be one of the vectors of their future cooperation.

scholarly journals SOUTH KOREAN LEADERS IN THE POLITICS OF DEMOCRATIZATION

2017 ◽  
Vol 3 ◽  
pp. 147-168
Author(s):  
Grażyna STRNAD
Keyword(s):  
Economic Development ◽  
South Korea ◽  
Cultural Heritage ◽  
Political Development ◽  
Political System ◽  
Political Leadership ◽  
Authoritarian Regimes ◽  
Political Leaders ◽  
South Korean ◽  
Late Twentieth

This article aims to show the process of formation and operation (functioning) of the changing political system of South Korea. It is undertaken for the analysis of the process of the collapse of the former authoritarian political system and formation of South Korean democracy. Indicated in this article are the roles and participation of political leaders (Chun Doo Hwan, Roh Tae Woo, Kim Young Sam, and Kim Dae Jung) in the process of intense political change that took place in South Korea from the 1980s to the late twentieth century.During the authoritarian regimes of South Korea, the nation recorded spectacular economic development, but without political development. Political leadership in the democratization of the country was still authoritarian. Core values and attitudes of politicians pointed to the presence of the cultural heritage of Confucianism in politics.

The Coming Crisis of Scientific and Technological Expertise in South Korea

Asian Survey ◽  
2016 ◽  
Vol 56 (4) ◽  
pp. 676-706
Author(s):  
Seong-O Bae ◽  
John Lie
Keyword(s):  
South Korea ◽  
Technology Policy ◽  
Science And Technology ◽  
Value Added ◽  
Science And Technology Policy ◽  
Emerging Industries ◽  
South Korean ◽  
Scientists And Engineers ◽  
Coming Crisis ◽  
Near Future

South Korea has shifted from a relatively well-educated but poorly remunerated workforce to a highly skilled and compensated one in high-value-added industries. This paper analyzes the South Korean government’s science and technology policy and the supply of scientists and engineers in emerging industries. We note a potential shortfall of skilled talent in the near future.

scholarly journals The Role of Education in Economic Development: A Comparison of South Korea and Kyrgyzstan

2018 ◽  
Author(s):  
Nargiza Sakmurzaeva
Keyword(s):  
Economic Development ◽  
South Korea ◽  
Technological Development ◽  
National Policy ◽  
Developed Countries ◽  
Developed Country ◽  
National Budget ◽  
The World ◽  
Small Economy

Education plays a big role in the economic development of the country. No country can achieve sustainable economic development without educated human capital. Education helps people to understand themselves and world. It improves the quality of their lives and leads to broad social benefits to individuals and society. Education is a very important in raising productivity of people and promotes technological development. The main purpose of this paper is to identify the role of education in the economic development by comparing South Korea and Kyrgyzstan which are represents developed and developing countries of the world. South Korea, for example, is a highly industrialized and developed country which educational system is in the list of the best 10 systems in the world. In opposite, Kyrgyzstan is an agricultural country which economy is dominated by minerals extraction, agriculture, and reliance on remittances from citizens working abroad. As a result of the research it can be concluded that education is a compulsory and one of the major tools for development of one country. A developing country with a small economy such as Kyrgyzstan should take an example from South Korea and allocate much money from the national budget for the education. So, it is important for Kyrgyzstan to implement educational policy of developed countries within the framework of national policy.

DEVELOPMENT OF UZBEKISTAN-SOUTH KOREA RELATIONS (2000-2020)

2020 ◽  
Vol 6 (3) ◽  
pp. 31-36
Author(s):  
Fazilat Nurmetova ◽  
Keyword(s):  
Economic Development ◽  
Human Resources ◽  
South Korea ◽  
Strategic Partnership ◽  
Internet Services ◽  
Scientific Publications ◽  
Economic Relations ◽  
Financial Cooperation ◽  
South Korean ◽  
Heads Of State

The article states that the Uzbek-South Korean economic relations have reached a new level, in particular, the Joint Statement of the Heads of State on the comprehensive deepening of the Strategic Partnership, the Memorandum of Cooperation between the Ministry of Employment and Labor and the Ministry of Human Resources, 2018-2020. Intergovernmental Agreement on Loans from the Fund for Economic Development and Cooperation and the Fund for Reconstruction and Development of Uzbekistan Export-Import Bank of Korea, an agreement on financial cooperation relations have been analyzed using scientific publications and Internet services.

scholarly journals Measurement of the Importance of 11 Sustainable Development Criteria: How Do the Important Criteria Differ among Four Asian Countries and Shift as the Economy Develops?

2021 ◽  
Vol 13 (17) ◽  
pp. 9719
Author(s):  
Tomohiro Tasaki ◽  
Ryo Tajima ◽  
Yasuko Kameyama
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
South Korea ◽  
Gross Domestic Product ◽  
General Public ◽  
Stated Preference ◽  
Asian Countries ◽  
Environmental Capacity ◽  
South Korean ◽  
The Relationship

Understanding the criteria underlying development in a country is crucial to formulating developmental plans. However, it is not always clear which criteria are more important than others in different countries and at different times. The relationship between developmental criteria and the stage of economic development is also unclear in many countries. Therefore, we devised an indirect stated preference approach for the measurement of the importance of developmental criteria and employed it in four Asian countries—Japan, South Korea, Thailand, and Vietnam—to measure the importance of sustainable development (SD) criteria perceived by the general public. Specifically, we evaluated the importance of 58 national goals linked to 1 of 11 SD criteria. Security, efficiency, accessibility, capability, and environmental capacity were perceived as relatively important by respondents in all four countries. The respondents perceived that the currently important criteria would be important in the future as well. The order of the importance in each country differed. For example, environmental capacity was ranked lower, and inclusiveness was ranked higher as the gross domestic product of a country increased. Thai and Vietnamese respondents had similar perceptions and, overall, tended to have higher levels of importance than South Korean and Japanese respondents, who also had similar perceptions of importance.

A Review of Industrial Clusters, Industrial Policy, and Industrialization in South Korea

2020 ◽  
pp. 649-672
Author(s):  
Sanghoon Kim ◽  
Hah-Zoong Song
Keyword(s):  
Economic Development ◽  
South Korea ◽  
Development Strategy ◽  
Industrial Development ◽  
Manufacturing Sector ◽  
Industrial Clusters ◽  
South Korean ◽  
Agrarian Society ◽  
Industrial Complexes ◽  
History Of

The development of South Korea, due to relevant and effective industrial policies, is unique in the modern history of industrialization. Within one generation, the country transformed itself from a poor agrarian society into a modern industrial power, all the more remarkably in that its rapid economic development was broad-based and supported by all stakeholders. From 1962, the South Korean government aggressively pursued an economic development strategy that centred on manufacturing-sector growth, driven largely by industrial complexes. Lately, more than 900 industrial clusters account for 62 per cent of the country’s manufacturing production and 80 per cent of total exports. South Korea’s policies designate physical sites and facilitate growth platforms that reinforce cooperation and coordination between industries, academia, and research. This chapter reviews the path of industrial development that South Korea took, with attention to the industrial complexes and clusters scattered across the country, and the measures and policies that enabled them.

scholarly journals Effects of Rank-Ordered Feature Perceptions of Energy Sources on the Choice of the Most Acceptable Power Plant for a Neighborhood: An Investigation Using a South Korean Nationwide Sample

2019 ◽  
Vol 11 (6) ◽  
pp. 1530 ◽  
Author(s):  
Seungkook Roh ◽  
Jin Lee ◽  
Qingchang Li
Keyword(s):  
Economic Development ◽  
Power Plant ◽  
South Korea ◽  
Job Creation ◽  
Nationwide Survey ◽  
Energy Sources ◽  
Logit Analysis ◽  
South Korean ◽  
Conditional Logit ◽  
Practical Implications

The present study incorporates a competitive context into an individual’s response to the construction of a power plant in his/her neighborhood and the determinants of this response. The study adopts an individual’s rank-ordered feature perceptions of competing energy sources to reflect the individual’s comparative perceptions of the sources regarding the features, and it investigates the effects of these perceptions on his/her choice of the most acceptable power plant in the area where he/she lives. Our mixed conditional logit analysis of nationwide survey data from South Korea demonstrated the following: among the rank-ordered feature perceptions, the perceptions regarding safety and eco-friendliness significantly predict an individual’s choice of the most acceptable power plant for his/her neighborhood, while those regarding affordability, contribution to economic development, and job creation do not. In addition, among those significant features, safety was found to be a stricter criterion than eco-friendliness. The selective significance of the feature perceptions and the differentiated criteria between the significant features provide practical implications for professionals in energy industries, as well as theoretical implications for researchers.

Development, Discernment, and Death: Dore on the South Korean Economy

2019 ◽  
Vol 92 (4) ◽  
pp. 715-728
Author(s):  
Hyung-Gu Lynn
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
South Korea ◽  
Developmental State ◽  
Mortality Rates ◽  
The Other ◽  
South Korean ◽  
Korean Economy ◽  
Before And After ◽  
Investments In Education

Ronald Dore's 1977 article in Pacific Affairs, "South Korean Development in Wider Perspective," is a rare example of the scholar known for his writings on Japan applying his analytical lens on South Korea. What were some of this article's most notable areas of foresight and elision related to development studies? This essay answers this question by interpreting connections to publications before and after 1977 to analyze areas of insight under the rubric of "discernment" and overlooked subjects under "death." On one hand, Dore's essay was ahead of the curve in its deft foreshadowing of post-developmentalist, varieties of capitalism, and developmental state approaches to economic development. On the other, Dore sidestepped the effects of death on economic development in three forms: literal— effects of changing mortality rates on investments in education and human capital; industries related to death—wars, munitions production and arms expenditures; and the aftereffects of the death of a scholar—the revisiting and renewal of debates that can sometimes emerge as a result.

Confidence in the police among immigrants in South Korea

2019 ◽  
Vol 42 (5) ◽  
pp. 767-784
Author(s):  
Hyunseok Jang ◽  
Songyon Shin ◽  
Myonggi Hong ◽  
Young-Shin Choi
Keyword(s):  
South Korea ◽  
Hierarchical Linear Modeling ◽  
First Generation ◽  
Asian Country ◽  
Developed Countries ◽  
The South ◽  
Linear Modeling ◽  
Content Type ◽  
South Korean ◽  
The Difference

Purpose The purpose of this paper is to test the dual frames of reference theory. For the test, the reference point hypothesis examines whether the difference in the quality of social conditions between the home and host countries determines the variations of immigrants’ trust in the institutions of their host country. Design/methodology/approach By using hierarchical linear modeling analysis, the current study examines whether “difference of homicide rate from South Korea” or “difference of level of democracy from South Korea” influences immigrants’ confidence in the police. Using data collected from nine different immigrant groups in South Korea, the current study examined both country-level factors as well as individual-level factors. Findings According to the analysis results, the difference of level of democracy from South Korea significantly influenced immigrants’ confidence in the South Korean police. Specifically, when immigrants came from democratically under-developed countries, they showed a relatively high level of confidence in the South Korean police. Originality/value Confidence in the police among the first generation of immigrants has recently attracted increasing attention. However, no previous studies have examined immigrants’ confidence in the police within an Asian country. Thus, the current study might contribute to generating better police performances toward first-generation immigrants who tend to be discriminated against and are also vulnerable to various forms of victimization because of their new status in a new society.

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