Title: Towards knowledge-based economy in Korea: metrics and policy
Authors: Sang Kyu Lee, David V. Gibson
Addresses: Department of Economics, The University of Suwon, 2-2 Wau-ri, Bongdam-Myun, Hwasung-Kun, Kyonggi-Do 445-743, Korea. IC2 Institute, The University of Texas at Austin, 2815 San Gabriel, Austin, Texas 78705, USA
Abstract: Knowledge is increasingly recognised as the key to determining competitiveness in the 21st century, emphasising the role of information, technology and learning in economic performance. The objective of this paper is to identify the importance and characteristics of a knowledge-based economy and to describe the current position of Korea in the process of transformation from a traditional resource-based economy to a knowledge-based economy. Indicators of a knowledge-based economy, in terms of inputs and outputs, are examined. It also suggests policy alternatives for successful transformation.
Keywords: knowledge-based economy; economic development; knowledge metrics; economic policy.
International Journal of Technology, Policy and Management, 2002 Vol.2 No.3, pp.301-314
Published online: 18 Aug 2003 *Full-text access for editors Access for subscribers Purchase this article Comment on this article