Since its inception in 1948, the Republic of Korea has experienced unprecedented economic growth that turned the country into the world's 13th and Asia's 4th largest economy. A far sighted science, technology and innovation policy is credited with sustaining that surge. Much less known however...

This illuminating book broadly addresses the emerging field of ‘diversity of capitalism’ from a comparative institutional approach. It explores the varied patterns for achieving coordination in different economic systems, applying them specifically to China, Japan and South Korea....