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Journal of the National Research University Higher School of Economics

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SSN 1995-459X print
E-ISSN 2312-9972 online
ISSN 2500-2597 online English

Editor-in-chief
Leonid Gokhberg




Seong Soo Kim  1, Yo Sop Choi 2
  • 1 Hankuk University of Foreign Studies, Imun-ro 107, Dongdaemun-gu, Seoul, South Korea, 02450
  • 2 Hankuk University of Foreign Studies, Imun-ro 107, Dongdaemun-gu, Seoul, South Korea, 02450

The Innovative Platform Programme in South Korea: Economic Policies in Innovation-Driven Growth

2019. Vol. 13. No. 3. P. 13–22 [issue contents]

After several decades of rapid development, South Korea has recently experienced a critical economic downturn. The paper considers the prerequisites for the current state-of-the-art, as well as the new economic policy agenda aimed at fostering innovation in various sectors, thereby suggesting improved policy directions. To implement the innovation-driven policy, the Korean government produced the framework for the Innovative Platform Programme (IPP), which covers a wide range of sectors related to Industry 4.0 like artificial intelligence and blockchain. For the IPP to be successful, the authors believe, it is vital to understand and resolve the trade-offs between contradictory policy priorities — innovation-led growth, income-led growth, and a fair economy.

This is an open access article distributed under the Creative Commons Attribution License  which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited


Citation: Kim S.S., Choi Y.S. (2019) The Innovative Platform Programme in South Korea: Economic Policies in Innovation-Driven Growth. Foresight and STI Governance, vol. 13, no 3, pp. 13–22. DOI: 10.17323/2500-2597.2019.3.13.22
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