|Technological Independence The Asian experience (UNU, 1994, 372 pages)|
|3. The Republic of Korea|
At the present stage of development, the Korean economy can only maintain its sustained growth through ambitious internationalization.
Internationalization is not only desirable for domestic reasons, but is also in line with the growing interdependence of the world economy. As a leading NIC, the Republic of Korea is now expected to play an important role by both developed and developing countries.
The centre of the world economy is predicted to move to the Pacific region in the foreseeable future. In this region, Japan has excelled in its economic performance. For its own economic prosperity and for the sake of neighbouring countries, Japan is required to assume an appropriate role as economic leader.
The Republic of Korea will take an active part in internationalization, pursuing self-reliance in science and technology only in accordance with principles of interdependence. This interdependence will be realized in open competition and complementary cooperation. In this way, the country will both contribute to and benefit from the forthcoming Pacific Era.
At the same time, NIC and developing countries in the region should also be prepared to play a role. These countries have great potential if they can coordinate their efforts. With its relatively fresh experience of industrialization, the Republic of Korea may be able to provide some important lessons for countries with similar development goals. Cooperation with those countries will yield mutual benefits.
Japan is expected to be a valuable source of advanced technology for the future of the Republic of Korea, and technological cooperation will prove beneficial for both. Oddly enough, without such cooperation, Japan will also find it difficult to assume the future technological leadership of the world.
A standing regional organization will be useful not only for the efficient exchange of technical information, but also for technology implementation among countries in the region. Such an organization could review policies for technology transfer. Equally important is the establishment of a training centre in science policy and research management. Productive cooperation can be accomplished by the nurturing of mutual comprehension and a common awareness.