Strategic choices in science and technology

Can Korea maintain its market position in both Chinese and world markets as China becomes more competitive in many industries where Korea currently has a relative advantage? This study develops a simple model of the Korean economy and four alternative S & T strategies that Korea could follow and shows how those strategies may affect Korean prosperity, explicitly considering the many uncertainties that Korea confronts.

Investigates strategies and policies for Korea to pursue, particularly in science and technology, in light of a rising China. This study develops a simple model of the Korean economy and alternative S & T strategies that Korea could follow, and shows how those strategies may affect Korean prosperity, considering the uncertainties that Korea faces.