International Conference on Eurasian Economies

29-31 August 2016 – Kaposvár, HUNGARY

Paper detail

Paper ID : 1606
Status : Paper published
Language : Turkish
Topic : Growth and Development
Presenter: Prof. Dr. Emine Fırat
Session : 3E Teknoloji ve Rekabet

The Importance of R &D and Innovation in Development; The Case of South Korea
Kalkınmada Ar&Ge ve İnovasyonun Önemi; Güney Kore Örneği

• Prof. Dr. Bedriye Tunçsiper (İzmir Demokrasi University, Türkiye)
• Prof. Dr. Emine Fırat (Aksaray University, Türkiye)

Abstract

The concept of development has been interpreted by different economic opinions within historical process. This has prevented the description of development concept in a single theoretical perspective or as a definitive statement. Development, also being of a broad concept incorporating economic, social and cultural aspects here of, was evaluated very purely economic phenomenon until the 1970s. The development concept has been tried to measure with the national income per capita by many economists. After the 1970s, the level of development began to be considered with concept such as human capital, innovation, education, health and standard of living, overtly, equality and so on in addition to economic criteria and the concept is being assessed by human development level. There are many different ways for the development of a country. Recently, the urgency of research and development and innovation has been put forward and it appears that significance of the notions of learning, research, ingenuity and innovation has gone up for substantiation of the progress. In this study, South Korea's R & D and innovation doings are judged and the value of innovation and research and development activities for evolution are underlined. Hereby, R & D and innovation projections conduced to the advancement and refinement of South Korea, sorendering efficacious and satisfactory use of sources possible.

JEL codes: R11, Q01, O15

Tunçsiper, Bedriye, Fırat, Emine (2016). "The Importance of R &D and Innovation in Development; The Case of South Korea" in Proceedings of International Conference of Eurasian Economies 2016, pp.847-855, Kaposvár, HUNGARY.

DOI: https://doi.org/10.36880/C07.01606

Full paper in PDF format.

Session 3E: Teknoloji ve Rekabet