Korea As A Knowledge Economy: Evolutionary Process And Lessons Learned( Series - Wbi Development Studies )

Koreas 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 Koreas march toward a knowledge economy from a poverty-ridden economy before the launch of full-scale industrialization in the early 1960s. It also emphasizes Koreas achievements, as well as remaining tasks within the four pillars of the knowledge economy, with a common theme throughouthow Korea has narrowed the gaps in its knowledge and institutions in global competition with world leaders.