Innovativeness and development in the economies of Japan, Korea and China. A comparative approach
Innovativeness and development in the economies of Japan, Korea and China. A comparative approach

Summary/Abstract: China, Japan and Korea represent different levels of economic development although only China is in a different group of incomes and at a different stage of development. All are innovative and specialise in the same type of production, which makes cooperation in the area of innovation possible and desirable. All three economies demonstrated a relatively good adoptability after the 2007/2008 crisis. The author argues that the three economies have a big potential to cooperate in the area of innovation production, rooted in similar patterns of specialisation and high rankings of innovativeness. Nevertheless, this potential is not fully used. The full use of the potential is conditioned by the fulfillment of a number political decisions (the creation of a free trade area, cooperation in supporting R+D, more confidence building measures evidenced by the reduction of military potentials).

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