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

Murat A. Yülek and Hongyul Han

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.

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Murat Yülek, Ph.D.

Murat Yülek is a professor of economics at Istanbul Commerce University where he is the Director of the Center for Industrial Policy and Development. He is also a partner at PGlobal Global Advisory and Training Services Inc. He has previously served as Vice Rector and Dean of the Faculty Business Administration at THK University. He has published various articles and books on economic development and industrial policy. He has also served as a member and chairman of boards of directors as well as the CEO of financial and non-financial institutions. He has taught at various universities including Georgetown University, and has served as a consultant at the World Bank, Islamic Development Bank and UNCTAD, among others. These responsibilities have exposed him to various development issues and he has published widely in this field as well as in the field of economic and financial development. He holds PhD and MA degrees in economics from Bilkent University, an MBA degree from Yale University, an MSM (Management) degree from Boston University and a BSc degree (mechanical engineering) from Boğazici University.

Hongyul Han, Ph.D.

Hongyul Han is a professor of economics at Hanyang University, Korea. He has authored a number of books and articles on international economics, trade and industry policy and development. Currently, he serves as the Chairman of the Board of Trustees of the Korea Consensus Institute and a member of the Policy Advisory Group for the Ministry...

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