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1 results

  • 6 - Republic of Korea

  • from Part II - Selected Comparative Country Studies
  • Edited by Anthony Arundel, Suma Athreye, Sacha Wunsch-Vincent
  • Book:
    Harnessing Public Research for Innovation in the 21st Century
    Published online:
    11 March 2021
    Print publication:
    04 March 2021, pp 226-262
    • Chapter
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  • Summary

    The main aim of this research is to explore the progress of the knowledge transfer system in the Republic of Korea and assess how much of this generated knowledge had been successfully commercialized. The chapter reviews policy changes since 2000 that were implemented to improve knowledge transfer from public research institutes. It identifies the important knowledge transfer channels in the Republic of Korea and reviews the challenges that government policy and public research institutes face in achieving successful knowledge transfer. The chapter concludes that for the national innovation system in the Republic of Korea to change from the old catch-up mode characterized by the twin dominance of big businesses and the government, the Korean system would need to support demand-oriented research, provide monetary incentives for researchers in terms of license income, place more weight on knowledge transfer performance in performance evaluation of researchers, and recruit high-quality personnel for knowledge transfer offices.