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The book takes issue with the changing role of government in devising and applying science, technology and innovation (STI) policies in a late-comer economy. South Korea is presented as a point in case, due to its astonishing ascent from a developing nation in the 1960s, to an emerging market in the 1980s and a high-technology powerhouse of our days. Which incentives have kept the government focused on productivity-enhancing STI policies ? And why should Korea's national innovation system be reconfigured to fully prepare for the technological challenges of the 21st century ? An institutional economics perspective complemented by expert interviews shows that organizations and institutions concerned with STI policy-making in Korea have co-evolved simultaneously mainly driven by the timing of presidential election cycles.
The book contains a summary in Korean.