The National Innovation System (NIS) and readiness for the fourth industrial revolution: South Korea compared with four European countries

Author(s):  
Keun Lee

The subject of research in the article is the National Innovation System (NIS). The purpose of the article is to study the current state of the NIS of Entrepreneurship and the essence of public-private partnership in innovation. Objectives: to reveal the essence and structure of NIS, to substantiate the features of their development in the context of the fourth industrial revolution, to characterize the current state of the NIS, to systematize the limitations of its effective functioning. The following results were obtained: proposals were developed to improve the NIS taking into account the challenges of the fourth industrial revolution. Conclusions: the article reveals that Ukraine has good results of innovation in terms of indicators characterizing educational potential, human capital and research. At the same time, the slowdown in innovative development occurs due to an unfavorable institutional environment, environmental instability, operational instability, government inefficiency, problems with the rule of law, uncertainty in the status of insolvency and investment provision. Overcoming obstacles to the formation of the NIS of Entrepreneurship is an important condition for the development of the national economy, dictates the need to improve the state's innovation policy. The active involvement of the state in the development of the NIS will allow to overcome the following obstacles: insufficient use of opportunities for participation in international programs; inconsistency between the provisions of the Civil Code of Ukraine, which regulate intellectual property relations and special acts on this issue, limited efficiency of innovation infrastructure, insufficient development of venture financing in Ukraine and problems of legal protection of property of foreign investors. The improvement of the situation will be facilitated by the establishment of public-private partnership, which in relation to the innovation sphere is an organizational form of cooperation between the state and business in the implementation of innovative projects in certain areas of the national economy on a contractual basis. Thus, the relevance of public-private partnerships for innovation has been proven.


2016 ◽  
Vol 12 (01) ◽  
pp. 5-24 ◽  
Author(s):  
Mie Augier ◽  
Jerry Guo ◽  
Harry Rowen

ABSTRACT This paper discusses some aspects of innovation in China. As China seeks to transition to a knowledge-based economy, it may become more important for China to develop innovative technologies to sustain economic growth. How do China's history, culture, institutions, and organizations aid or hinder innovation? How does China's national innovation system compare to the innovation culture in the US, as well as other developed and emerging economies? What are the prospects for the future of the Chinese national innovation system? Our starting point is the Needham Puzzle – the paradox that while China was once a world leader in technological development, it fell behind; the Industrial Revolution happened in Europe rather than in China. Potential explanations for the Needham Puzzle may shed light on the challenges facing innovation in modern China. We identify three factors that might help explain the Needham Puzzle; assess how the Needham Puzzle and Chinese culture and history have affected the modern innovation system; discuss comparative aspects of innovation ecosystems in the United States and elsewhere; and suggest that Chinese innovation emphasizes exploitation and refinement of existing knowledge to the exploration and development of new knowledge. We also discuss implications for the future of innovation in China.


2017 ◽  
Vol 62 (4) ◽  
pp. 752-769
Author(s):  
Alexey Ivanov ◽  
Elena Voinikanis

The Soviet system of knowledge production based on cooperation, knowledge sharing, but also intense competition was already an inspiration for innovation policymakers in the U.S. and in Europe back in the 1950 and 1960s. Nowadays, as the global economy is moving towards a new mode of production, the Soviet case may still play an important role to help to frame a better institutional approach to innovation. With the dramatic challenges already brought by the fourth industrial revolution and the tectonic economic and social shifts it is expected to cause around the world, the Soviet case with all its pros and cons is becoming more and more relevant for this debate as it provides necessary empirical data to consider other institutional approaches to innovation distinct from the established property-focused model. In this context, intellectual property and competition law scholars hopefully would better understand the Soviet innovation system through further academic studies.


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