In this carefully chosen selection of essays, Linsu Kim - one of Korea's foremost social scientists, who is advising the Korean government on reform strategy in light of the recent crisis - identifies the evolutionary processes and patterns of learning, capability building, and innovation in catch-up countries. He suggests that catch-up economies display different patterns of learning and innovation to more advanced countries.
Using the example of Korea, he examines industries such as consumer electronics, machinery, pharmaceuticals, automobiles and semiconductors, all of which have been important contributors to Korea's economic growth and development. Linsu Kim analyses both the formal and informal mechanisms Korea has used in acquiring technologies from, mainly, advanced countries. He considers how these technologies are assimilated rapidly into the local economy, and in some cases improved to increase Korea's international competitiveness. This examination and extension of the theory of learning and innovation has many useful implications for both catch-up economies and also advanced countries. It offers analytical frameworks which policymakers and managers can use in formulating and evaluating public policies and corporate strategies.
Learning and Innovation in Economic Development will be of interest to a wide audience including those working in the fields of technology management, innovation studies and development economics.
The late Linsu Kim, formerly Professor of Management, Korea University and Chairman, Government Reform Council, South Korea
Contents: Introduction Part I: Learning and Innovation in Industries 1. `Stages of Development of Industrial Technology in a Developing Country: A Model' 2. `Innovation in a Newly Industrializing Country: A Multiple Discriminant Analysis' 3. `Reflections on The Republic of Korea's Acquisition of Technological Capability' 4. `Innovation Strategy of Local Pharmaceutical Firms in Korea: A Multivariate Analysis' 5. `Patterns of Technological Change in a Rapidly Developing Country: A Synthesis' 6. `Pros and Cons of International Technology Transfer: A Developing Country's View' 7. `The Dynamics of Samsung's Technological Learning in Semiconductors' 8. `Crisis Construction and Organizational Learning: Capability Building in Catching-up at Hyundai Motor' Part II: National System and Public Policy 9. `Technology Policy for Industrialization: An Integrative Framework and Korea's Experience' 10. `National System of Industrial Innovation: Dynamics of Capability Building in Korea' 11. `The Dynamics of R&D in Industrial Development: Lessons from the Korean Experience' 12. `Absorptive Capacity and Industrial Growth: A Conceptual Framework and Korea's Experience' Index