"Asia and Africa today"
- is a scientificl monthly journal (in Russian)
of the Russian Academy of Sciences
Included in Russian Science Citation Index on
WoS platform, and EBSCO Publishing.
ISSN 0321-5075. Published since July 1957.

"Asia and Africa today" № 6 2020





Аuthor Natalia P. LESHAKOVA
Post-graduate student, Lecturer, Institute of Asian and African Studies, Moscow State University ( This email address is being protected from spambots. You need JavaScript enabled to view it. )

   The Republic of Korea is one of the most innovative countries in the world according to different innovation ratings. Starting from 2000 government announced development of innovations and human capital as the main country’s strategy.

   In 2015, the main provisions of the strategy were formulated by President Park Geun-hye in the Creative Economy program and adopted at the state level. Currently the country's government is constantly looking for methods and forms of implementing innovations not only in high-tech industries but also in traditional manufacturing industries. Another important task of the government of the Republic of Kora is to include small and medium-sized businesses in the process of innovation development. Different ways of support were developed and presented by the government, among them “smart factories” is the most promising from the author’s point of view. The article analyzes the experience of the Republic of Korea in creating a system of support and development of “smart factories” across the country. The successe of the Republic of Korea in the digitalization and automation of the economy make its experience important and interesting in terms of proximity of the “fourth industrial revolution”.

   The article considers the basis for the development of the innovative economy in the Republic of Korea. Main means and methods of program implementation are given and described as well as prospects of further development. 

Keywords: Republic of Korea, Smart Factories, Fourth Industrial Revolution, Innovation Economy
Pages 63-68