A COMPARATIVE STUDY OF INNOVATION PATHWAYS IN EAST ASIA: JAPAN, SOUTH KOREA, CHINA, AND TAIWAN
This study offers a comparative analysis of innovation strategies employed in East-Asia, with a specific focus on Japan, South-Korea, Taiwan, and China.By examining these models, we explore the factors contributing to Japan's recent challenges, while acknowledging the substantial efforts South-Korea, Taiwan, and China have produced.It uncovers key similarities and differences among these countries, laying the foundation for a nuanced understanding of regional dynamics.Additionally, this article proposes a definition of innovation tailored to the East-Asian setting to capture the intricate interplay of cultural, societal, and economic factors, and introduces a personalized index of innovation, which considers the recent efforts introduced by each state, offering a comprehensive evaluation framework that allows for a holistic assessment of their innovation performance.In conclusion, we offer insights for Japan's revival prospects.Drawing upon the successful strategies of these neighboring countries directed towards reboosting Japan's position as a Global Innovation Leader.
Publication Details
- Journal
- Journal of Innovations in Business and Industry
- Published
- 2024-08-12
- DOI
- https://doi.org/10.61552/jibi.2025.04.003
- Primary Topic
- Asian Industrial and Economic Development
- Type
- article
- Field-Weighted Citation Impact
- 0.00