TY - JOUR TI -

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

T2 - Foresight and STI Governance IS - Foresight and STI Governance KW - South Korea KW - Innovative Platform Programme KW - innovation-driven growth KW - income-led growth KW - economic regulation KW - fair economy KW - dynamic efficiency KW - fourth industrial revolution AB - 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. AU - Seong Soo Kim AU - Yo Sop Choi UR - https://foresight-journal.hse.ru/en/2019-13-3/307946128.html PY - 2019 SP - 13-22 VL - 13