Technological Capability Building in South Korea: Some Lessons for Pakistan

Javed A. Ansari, Rafique A. Khan

Abstract


Recent economic upheavals raise important questions about the
nature of the transformation that has taken place in the East Asian
economics. Are these economics really catching up with the West? Is
there growth process sustainable? Or will they suffer the type of
systemic disintegration experienced by the East European countries
during the 1990s—Paul Krugman (1994) and Young (1994) had demonstrated
similarities in the East Asian and East European growth paths some time
ago. Technological upgrading is an important element in the development
of a sustainable growth strategy. This paper seeks to describe policies
and initiatives taken by the South Korean government to stimulate
technological learning during 1960-1990—the decades during which the
South Korean economy achieved a “miraculous” transformation. The
description relics mainly on Korean sources and is based on our own
field research in that country. Section one describes the technological
learning processes and Section Two presents a discussion of the policies
that facilitated this learning. Section Three briefly addresses the
question: Did this type of technological learning make a contribution
towards enhancing the sustainability of Korean development processes?
The concluding section briefly reflects on the lessons that seem
relevant for Pakistan.

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DOI: https://doi.org/10.30541/v37i4IIpp.825-845

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