Wednesday, April 1, 2009

Welcome You!

It has been almost a year since I started blogging on my another blog. As a global economic contraction has deepened, my line of thinking has expanded and considered a specific topic from broader and deeper perspectives. Some more fundamental questions to be answered have emerged, which I’ve been enjoying. I’d like to share some of the topics I’m writing. Please keep in mind that my writing on these topics is at the various stages and I’d share some on this blog.

I have shared some thoughts and analysis in the hope that we can all learn from the Korean experience in the recent history. As a citizen of the world, I am concerned about how we can all prosper together pursuing economic and social well-being around the world. I am hoping my writing can provide something to think about and consider to all kinds of people such as corporate people, entrepreneurs, policy makers, government officials, small business owners, educators, and parents who care about social growth and well-being. I am also hoping to sharpen and enrich my thought and ideas.

I started to write innovation strategies of high tech firms in Korea. In doing so, I have realized that political patterns and various kinds of government policies (including technology policy, industrial policy, human resource development policy) have far-reaching consequences in shaping the way in which Korea generates economic growth. In this context, I’d like to address innovation strategies both at the national level and individual firm level.

I have also written comparative analysis on distinct paths which other Asian Rim countries have taken in the high tech areas.

The followings are the sample issues I have been writing.

-Why has Korea chosen the high-tech industry as a major strategic industry as a late developer without technological infrastructure?; Was it a deliberate act by government officials or did firms initiate this high-tech initiative?

-What does innovation mean to Korean firms and society as a whole?

-How has the strategic positioning of Korean firms changed after the Asian financial crisis?

-How have Korean high tech firms accumulated technological competence; what about marketing and managerial capacity?

-How has the chaebol-centered industrial structure shaped the pattern of economic growth?

-How has Korean National Innovation System (NIS) evolved?

-Why have entrepreneurship and venture creation not been vitalized in Korea despite some intended efforts to boost them under a previous administration.

-Why is collaboration among Korean high tech firms so rare?

-How can innovation and entrepreneurship be fostered?; What can corporations do to strengthen indigenous innovation capabilities; Are government interventions necessary for promoting innovation and entrepreneurship? If so, how and to what extent?

-What has caused dissonance between weak financial system and strong manufacturing base?

-How has the issue of political economy been intertwined with industrial growth and technological development?

-What are the fundamental flaws in government policies in the course of rapid economic growth?

-What kind of role can the Korean government play in nurturing emerging technologies and industries?

-How has Korea gained competitive edge in high tech industries such as semiconductor, display and mobile phone in relatively short time frame?

-How can Korea reduce heavy dependence on technology imports (including capital goods, material technology and software)?

-Does economic transformation involve social transformation?

-How can we deal with the twin forces of nationalism and globalization?

-Why do Korean colleges lag behind other globally-competitive foreign colleges even though there is high demand for well-trained top-notch graduates from corporations?

-Why don’t smart Korean kids choose engineering school over programs in medical school and law school?

-How can we as a world (developed, developing, and underdeveloped countries all together) coexist and prosper in cooperative ways for economic and social well-being?

I will be posting some drafts which I’ve been working on. Some can be in detail or sketchy due to the proprietary nature of the content.

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