The Race to Innovation in Korea: The Chaebol Titans vs. The Cluster Theory INTRODUCTION South-East Asia is a region on the move. With a diverse basket of nations in such close geographic proximity it is no surprise that this region is transitioning from an emerging market, to an industrialized region, to technological leaders more quickly than other international peers. However, despite the sharp learning curve toward industrialization and technological improvement not all nations in the …showed first 75 words of 4650 total…

…showed last 75 words of 4650 total…Major Components (percent change from previous year, except as noted) Nominal GDP (level in billion US$)489.4520.0476.6317.7405.8461.7422.2 1 Real GDP8.906.805.00-6.7010.909.303.00 Consumption Private Consumption9.607.103.50-11.7011.007.904.20 Government Consumption0.808.201.50-0.40-1.300.100.20 Investment Private Investment29.709.1-5.9-57.651.723.83.10 Government Investment14.2044.707.60-21.40-30.90-8.8040.10 Exports of Goods and Services24.6011.2021.4014.1015.8020.501.00 Imports of Goods and Services22.4014.203.20-22.1028.8020.00-2.80 Appendix 2: Appendix 3: Appendix 4: Import Dependency (Unit: %) KoreaJapan 19851990199519901995 General Machinery4126.928.73.33.7 Special Machinery46.945.649.84.54.2 Computer & office equipment42.231.427.9612.6 Communication equipment24.915.721.63.67.3 Semiconductor47.844.827.910.518.4 Motor vehicle2.832.35.16.5 Motor vehicle parts19.87.110.10.70.9 Ship8.712.317.63.21.1 Other transport4546.752.314.612.4