Innovation South Korean Technology: How South Korea Became 1 World Innovation Leader
Innovation South Korean Technology: How South Korea Became a World Innovation Leader
South Korea is again attracting global attention by becoming the most innovative country in the world based on the World Intellectual Property Organization (WIPO) where South Korea occupies the first position. WIPO assigns this category based on several capabilities such as: Technological advancements, human resources, and also innovations provided
History of the foundation of technology
South Korea was once a country that had an economy that was far above average and even once a poor country. The revival of this country had a very long process after the Korean War that occurred in the 1950s in rebuilding its economy. In 1960-1970 South Korea had a focus on the development of its industry and human resources through Education.
A significant change occurred in the 1980s and 1990s when South Korea shifted its focus to the world of technology. Companies and startups also participate in building technology such as: Samsung, LG as the main players in the global market, especially in electronics and consumers. No less important is the support and policies from the South Korean government that are strong in supporting the process of South Korea’s technological advancement
Technological and Communication Innovation
The emergence of the world’s first 5G network in the field of information and communication technology (ICT) is one of the outstanding advantages that South Korea has and this shows the country’s commitment to technological advancement innovation. The South Korean government has significantly innovated technology, especially in information and communication technology (ICT) infrastructure. No wonder this country is known as a country that has a super-fast internet network with a very wide coverage.
In addition, the South Korean government has also launched educational programs that have a focus on digital skills that help create education experts with innovative performance abilities.
Not only that, technological innovations have penetrated into various fields such as health and biotechnology which make it easier for people
For example, during the Covid-19 pandemic, South Korea quickly made new innovations and developed and implemented telemedicine and biotechnology through wearable technology systems. In the field of biotechnology, South Korea is at the forefront of developing highly innovative vaccines and therapies to fight the virus. And in the field of Health, one of the wide technological innovations is wearable devices through innovations such as telemedicine and smart medical devices that are able to track body condition, body activity, effective contact, and accurate diagnosis of a person’s body condition.
Having an aging population, innovation in the field of Health is very important for South Korea and South Korea is the trend leader in this case.
As a Leader in Consumer Electronics
Large companies that have super advanced technology such as: Samsung and LG have become symbols of South Korean innovation in the field of electronics for daily necessities ranging from smartphones to smart home furnishings that are very helpful in daily life and change our way of life which is much simpler and modern. With an approach through innovation in the field of electronics, it has become a global marketing strategy and investment in South Korea in building its economy.
Innovation An interconnected future
South Korea has a strong commitment to technological advancement as well as research and development to technological innovation with the South Korean government’s consistent support for the field of technology. Making this country will continue to be a country that leads advanced and innovative technological advances in the world. In an increasingly connected and sophisticated world, South Korea not only has a role as a creator but also as an innovator who inspires other countries in the world to follow in its footsteps.