OECD Reviews of Innovation Policy: Korea 2009
EAN13
9789264067233
Éditeur
"Éditions OECD"
Date de publication
Langue
anglais
Fiches UNIMARC
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OECD Reviews of Innovation Policy: Korea 2009

"Éditions OECD"

Livre numérique

  • Aide EAN13 : 9789264067233
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This report assesses the current status of Korea’s innovation system and
policies, and identifies where and how the government should focus its efforts
to improve the country’s innovation capabilities. It finds that Korea has one
of the highest rates of spending on R&D; in the world, much of which is
performed by private firms. It also has a highly educated labour force – as
signalled by its impressive PISA performance and exceptionally high rates of
tertiary level graduation – with a strong interest in science and technology.

However, a number of bottlenecks persist that hamper Korea’s economic
convergence with the leading OECD economies. These include a relatively weak
SME sector and weak performance in services, as well as lagging capacities to
conduct leading-edge research in many areas. Furthermore, Korea faces numerous
threats in the mid term, notably increased levels of competition from China
and other newly-industrialising economies, the lowest fertility rate in the
OECD and an ageing society, and a continuing high dependency on imports of
natural resources, particularly hydrocarbons. In the shorter term, the
economic crisis offers its own challenges, with the need for some policy
adjustments to deal with expected falls in business investment in R&D; and
growing levels of unemployment among the highly skilled.
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