PECULIARITIES OF KOREAN NATIONAL INNOVATIVE SYSTEM DEVELOPMENT: EXPERIENCE FOR UKRAINE DURING TRANSFORMATION OF INNOVATIVE PROCESSES

Liubov Fedulova, Iryna Sovershenna

Abstract


Fedulova L.I., Sovershenna I.O. PECULIARITIES OF KOREAN NATIONAL INNOVATIVE SYSTEM DEVELOPMENT: EXPERIENCE FOR UKRAINE DURING TRANSFORMATION OF INNOVATIVE PROCESSES

Purpose. The aim of the article is to identify the key features of the innovative system formation in the Republic of Korea, to evaluate its advantages and disadvantages in the way of transformation of innovative processes taking into account the trends of global economic development. Moreover, it is crucial to identify the main trends in development of the Korean innovative system for the innovative development of Ukraine that is experiencing the modernization of its public administration.

Research methodology included the application of the theory and the practice of innovation as well as the concept of national innovative systems (NIS), the principles of economic and technological paradigm as a methodological basis for the analytical assessment; methods of systematic approach, analogy and goals structuring, generalization – for identification of the key determinants of NIS development and development of proposals for innovative policy improvement as a component of state strategy of social and economic development of Ukraine.

Findings. The research has identified the success factors of South Korea's National Innovative System (NIS), namely: close cooperation between the state, business and the scientific community in shaping and realizing national innovative potential; leading role in the innovative process of large financial-industrial groups; models of technology transfer, creation of innovative and creative clusters; the strategic role of the state in regulating the innovative system.

In addition, the research has singled out NIS deficiencies which determine the further course for the transformation of innovative processes, namely: the need for further institutional restructuring of large corporate structures, the lack of development of venture capital institutions, the need to develop their own innovative potential in the sectors of creative and digital economies as well as science and technologies. The basic lessons that can be learned from the experience of the Republic of Korea are formulated and substantiated for the formation of the newest model of the national innovation system in Ukraine on conditions of modernization of its public administration.

Originality. Scientific novelty of the research comprises identification and substantiation of the specific features of national innovative systems based on the example of the NIS in the Republic of Korea and deepening the scientific, theoretical and practical provisions of a new innovative policy taking into account the possibilities of its implementation in the context of modernization of public administration in Ukraine.

Practical value. The practical significance of the research results is conditioned by the possibility of using the findings and recommendations developed within the framework of the innovative strategy for the development of the Ukrainian economy. The problems and limitations of the current Korean NIS, identified during the research, warn against such mistakes in the implementation of the innovative strategy in Ukraine which will allow the authorities that are responsible for managing innovation processes on different levels to put them in place more accurately when forming the appropriate innovation mechanism as a component of strategic innovation development - technological cooperation, to develop and implement innovative programs within the framework of integration of the Ukrainian economy into the global world.

Key words: national innovative system; Republic of Korea; scientific and technological potential; innovative policy; public administration.

Full Text:

PDF

References


Mazzarol, Tim “Building a national innovation system: What can we learn from Korea?”, available at: https://theconversation.com/building-a-national-innovation-system-whatcan-we-learn-from-korea-9449 (access date January 31, 2020).

Hemmert, Martin “The Korean Innovation System: From Industrial Catch-Up to Technological Leadership?”, available at: https://www.researchgate.net/publication/289004016_The_Korean_Innovation_ System_From_Industrial_Catch-Up_to_Technological_Leadership (access date January 31, 2020).

Lee, B., Sohn, E., Won, D., Yeo, W., Kim, K. and Kim, S. (2018), “The Efficiency Analysis of National R&D Planning for the Field of Precision Medicine in Korea”, J. Open Innov. Technol. Mark. Complex, no. 4, p. 39, available at: https://www.mdpi.com/2199-8531/4/3/39. (access date January 31, 2020).

Tkachenko, V. “The secret of the breakthrough in South Korea: experience for Ukraine”, available at: www.ukrinform.ua/rubric-abroad/2184059-sekretinnovacijnogo-prorivu-pivdennoi-korei-dosvid-dlaukraini.html (access date January 31, 2020).

Balanchuk, I.S. (2018), “Experience in innovative development of the Sounth Korei and its adaptation in Ukraine”, Nauka, tekhnolohii, innovatsii, no. 3, pp. 50-55.

“Rating of the largest technological companies of the world 2018”, available at: https://forbes.kz//leader/reyting_krupneyshih_tehnologicheskih_kompaniy_mira_2018/? (access date February 07, 2020).

“TOP-10 of the car world manufacturers”, available at: https://cardiagram.com.ua/top-10-krupneyshih-avtoproizvoditeley-v-mire-7792.html (access date February 07, 2020).

Selinger, M. and Kim, T. “Smart City Needs Smart People: Songdo and Smart + Connected Learning”, available at: https://link.springer.com/chapter/10.1057/9781137377203_11 (access date January 31, 2020).

World Economic Forum (2018), The Global Competitiveness Report 2018, available at: http://www3.weforum.org/docs/GCR2018/05FullReport/TheGlobalCompetitivenessReport2018.pdf. (access date February 07, 2020).

World Economic Forum (2019), The Global Competitiveness Report 2019, available at: http://www3.weforum.org/docs/WEF_TheGlobalCompetitivenessReport2019.pdf (access date February 07, 2020).

Makhmud, A.P. and Singkh, Dzh. (2003), “Technological dynamism in Asia”, Issledovatelskaia politika, no. 32, pp. 1031-1054.




DOI: https://doi.org/10.37332/2309-1533.2020.1-2.2

Refbacks

  • There are currently no refbacks.


Creative Commons License

 INNOVATIVE ECONOMY 2006 - 2024