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Venture Nurturing Developmental Style: A Comparative Study of Institutional Evolution in Japan and Korea

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Abstract:

How and why do Korea and Japan, two prototypal developmental states, differ in responding to the challenges of informatization? By using the case of two countries' IT venture nurturing policies, this paper argues that (1) variations in venture-nurturing policy between Japan and Korea stem from those in the preexisting developmental institutions and strategies that each pursued in their industrialization processes, and that (2) variations are also affected by the way in which historically evolved structures limit the options of political actors (decision-makers) at critical choice points or the points of disjuncture.

Most Common Document Word Stems:

ventur (56), polici (35), busi (31), x (30), institut (28), japan (27), invest (23), new (23), industri (21), capit (21), firm (16), w (15), korea (15), r (15), financi (14), govern (13), loan (13), d (13), high (13), actor (12), system (12),

Author's Keywords:

institutional evolution, layering and conversion, informatization, developmental institutions, venture nurturing policy, japan, korea,
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Name: American Political Science Association
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MLA Citation:

Sohn, Yul. "Venture Nurturing Developmental Style: A Comparative Study of Institutional Evolution in Japan and Korea" Paper presented at the annual meeting of the American Political Science Association, Hilton Chicago and the Palmer House Hilton, Chicago, IL, Aug 28, 2004 <Not Available>. 2009-05-26 <http://www.allacademic.com/meta/p61614_index.html>

APA Citation:

Sohn, Y. , 2004-08-28 "Venture Nurturing Developmental Style: A Comparative Study of Institutional Evolution in Japan and Korea" Paper presented at the annual meeting of the American Political Science Association, Hilton Chicago and the Palmer House Hilton, Chicago, IL Online <.PDF>. 2009-05-26 from http://www.allacademic.com/meta/p61614_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Review Method: Peer Reviewed
Abstract: How and why do Korea and Japan, two prototypal developmental states, differ in responding to the challenges of informatization? By using the case of two countries' IT venture nurturing policies, this paper argues that (1) variations in venture-nurturing policy between Japan and Korea stem from those in the preexisting developmental institutions and strategies that each pursued in their industrialization processes, and that (2) variations are also affected by the way in which historically evolved structures limit the options of political actors (decision-makers) at critical choice points or the points of disjuncture.

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Associated Document Available American Political Science Association
Associated Document Available Political Research Online

Document Type: .PDF
Page count: 25
Word count: 2704
Text sample:
Venture Nurturing Developmental St A Comparative Study of Institutional Evolutio in Japan and Korea Yul Sohn Chung-Ang University Seo ysohn@cau.ac.k Prepared for delivery at the 2004 Annual Meeting of the American Politi Association Sep 2 - 5 2004. Copyright by the American Political Scienc Questions How does informatization (that is the rise of th information society precipitated by the rapid development of information technology and the subsequent demand for new governance) chal the developmental institutions of Japan and Ko
Exhibit 3. Venture designatio Designating Venture Businesses(VB): four categories ­ Venture capital VB: a company becomes VB if the amoun investment made by qualified venture capitals accounts fo percent or more of paid-in capital or stock subscription rat percent or more of the paid-in capital. ­ R&D VB: if the amount of R&D spending accounts for five or more of the annual gross sales revenue. ­ New Technology Commercialization VB: if a company is e in the business of


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