While the Korean innovation system is highly developed, it will need to address a number of economic and institutional challenges to sustain a steady flow of innovations and boost productivity. This review identifies essential reforms to reinforce the Korean innovation system, such as creating greater incentives to commercialise publically-funded research, increasing entrepreneurial activity by ensuring good framework policies, strengthening services sector productivity through structural reform and more fully assessing the economic impact of public support measures.
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http://www.keepeek.com/Digital-Asset-Management/oecd/industry-and-services/industry-and-technology-policies-in-korea_9789264213227-en#page1