Cover: Strategic Choices in Science and Technology

Strategic Choices in Science and Technology

Korea in the Era of a Rising China

Published Mar 15, 2005

by Somi Seong, Steven W. Popper, Kungang Zheng


Download eBook for Free

Full Document

FormatFile SizeNotes
PDF file 1.4 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Summary Only

FormatFile SizeNotes
PDF file 0.2 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.


Purchase Print Copy

 Format Price
Add to Cart Paperback219 pages $22.00

Active investment in China, finding more market opportunities in China, and strengthening the cooperative relationship with China have so far been successful paths for Korean companies and the government to take in response to China’s new economic might. It is uncertain whether Korea can maintain its market position in both Chinese and world markets in the future as China becomes more competitive in many industries where Korea currently has a relative advantage. What should Korea do to confront these uncertainties and to maintain its economic dynamism? What would be appropriate strategies and policies for Korea to pursue, particularly in science and technology? This study develops a simple model of the Korean economy and four alternative S&T strategies that Korea could follow and shows how those strategies may affect Korean prosperity, explicitly considering the many uncertainties that Korea confronts. Using the metric of average annual rate of growth in GDP per capita for Korea during the period leading to 2015, the authors assess each strategy for performance across an ensemble of 100 future scenarios.

This research was prepared for the Korea Institute of Science and Technology Evaluation and Planning and was performed by the RAND Center for Asia Pacific Policy.

This report is part of the RAND monograph series. RAND monographs present major research findings that address the challenges facing the public and private sectors. All RAND monographs undergo rigorous peer review to ensure high standards for research quality and objectivity.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.