Industrial, Science, Technology and Innovation Policies in South Korea and Japan

Designing effective industrial and science, technology and innovation (STI) policies is still an ongoing quest for both developed and developing countries. This book examines industrial as well as STI policies in East Asian countries South Korea and Japan comparatively. Japan is one of the largest industrial economies in the world. However, it is experiencing competitiveness problems with a relative fall in its manufacturing industry indicators such as exports. Korea is, on the other hand, a rapidly rising industrial power challenging larger peers including Japan. The two economies are competing in similar markets and are on different cycles of development. This book looks at the competitive positions of the two countries in the field of industrial and STI policies in general and in the sectors of railway equipment, medical equipment, aviation equipment and electronics.

Murat Yulek is a professor of economics at Istanbul Commerce University where he is the Director of the Center for Industrial Policy and Development. He has published widely in the field of economic and financial development.

Hongyul Han is a professor of economics at Hanyang University, Korea. He has authored a number of books and articles in international economics, trade and industry policy and development.