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The Reconfiguration of a Latecomer Innovation System

Governing Pharmaceutical Biotechnology Innovation in South Korea

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Dirk Johann

The book examines the evolving governance of pharmaceutical biotechnology in South Korea in order to derive conclusions about the dynamics of a latecomer system transition. Based on an analysis of innovation activities in the biomedical sector, which is complemented by expert interviews, the research contends that the Korean post-developmental state should be geared towards coordinating the interplay of technologies, modes of organization and institutions. An integrative framework is developed to describe system change as a co-evolutionary process in which the national and sectoral dimensions intersect. The case shows that the shaping of an environment in which innovation systems can develop sectoral transformative capacity is a central aspect of latecomer innovation governance.

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Abbreviations and acronyms

Extract

API Active Pharmaceutical Ingredient BOK Bank of Korea BVC Bio Venture Centre CEO Chief Executive Officer DBF Dedicated Biotechnology Firm DNA Deoxyribonucleic Acid EPB Economic Planning Board EPO European Patent Office FDA Food and Drug Administration FDI Foreign Direct Investment GERI Genetic Engineering Research Institute GRI Government-funded Research Institute HAN Highly Advanced National Project HCI Heavy Chemical Industry HTS High-throughput Screening ICT Information and Communication Technology IPC International Patent Classification IRB Institutional Review Board KAIRB Korean Association of Institutional Review Boards KBRA Korea Biotechnology Research Association KDRA Korean Drug Research Association KFDA Korea Food and Drug Administration KFRI Korea Food Research Institute KGCP Korean Good Clinical Practice KIOM Korea Institute of Oriental Medicine KIPO Korean Intellectual Property Office KOGERA Korean Genetic Engineering Research Association KORDI Korea Ocean Research and Development Institute KOSDAQ Korea Securities Dealers Automated Quotations KRFC Korean Research Council for Fundamental Science and Technology KRIBB Korean Research Institute of Bioscience and Biotechnology KRICT Korea Research Institute of Chemical Technologies MEST Ministry of Education, Science and Technology MIC Ministry of Information and Communications MKE Ministry of Knowledge Economy 14 Abbreviations and acronyms MOAF Ministry of Agriculture and Forestry MOCIE Ministry of Commerce, Industry and Energy MOER Ministry of Energy and Resources MOE & HRD Ministry of Education and Human Resource Development MOFE Ministry of Finance and Economy MOHW Ministry of Health and Welfare MOMAF Ministry of Maritime Affairs and Fisheries MOST Ministry of Science and Technology MOTI Ministry of Trade and Industry NCE New Chemical Entity NIE Newly Industrialised Economy...

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