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Interactions of science and technology policies in creating a competitive industry: Korea's electronics industry

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  • Roy Shin

Abstract

This study analyzes the role of science and technology policy in the industrial transformation process. Using the case of South Korea's electronics and telecommunications industries, it examines how active interaction between the private and the public sector can help overcome problems of externalities, risk biases against infant industries and capability constraints often faced by many developing countries. As industry matures and contextual factors change, Korea's “competition policy” will have to adjust dramatically to a new reality.

Suggested Citation

  • Roy Shin, 1997. "Interactions of science and technology policies in creating a competitive industry: Korea's electronics industry," Global Economic Review, Taylor & Francis Journals, vol. 26(4), pages 3-19.
    • Handle: RePEc:taf:glecrv:v:26:y:1997:i:4:p:3-19
    DOI: 10.1080/12265089708422878
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    References listed on IDEAS

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    1. Il SaKong, 1993. "Korea in the World Economy," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 29, January.
    2. Leipziger, D.M. & Petri, P.A., 1993. "Korean Industrial Policy: Legacies of the Past and Directions for the Future," World Bank - Discussion Papers 197, World Bank.
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