Introduction: While South Korea has achieved impressive economic growth and now ranks 10th in the world for GDP and GNI in 2021, the country still struggles with significant issues related to social welfare and mobility. According to the 2020 Social Mobility Report by the World Economic Forum, South Korea was ranked 25th among major countries worldwide in terms of its social mobility. Even though its … Continue reading “Just Born, Not Made Society” : Promoting Equal Social Opportunities and Regional Innovation and Development in South Korea
Small-sized domestic market regions and countries face the challenge of competing in a global marketplace where innovation is crucial. To remain competitive, these regions and countries must develop new technologies, products, and services more quickly and efficiently than their rivals. Testbeds and industrial clusters are effective strategies for fostering emerging industries, promoting economic growth, and addressing sustainability challenges as building an innovation ecosystem. This article … Continue reading Testbed and Cluster Strategies for Enhancing Innovation Ecosystems in Small-Sized Domestic Market Regions and Countries
Innovation is crucial for progress, but it must be sustainable. Sustainable innovation involves creating and implementing new ideas that not only benefit us in the present but also protect and sustain our future. To achieve this, we need to understand and prioritize the key basic elements that drive sustainable innovation: freedom, relationships, and fairness. Freedom includes economic, time, and physical freedom. This enables people to think … Continue reading Key Basic Elements for Innovation Ecosystem: Freedom, Relationships, and Fairness
Silicon Valley Bank closed in the second-largest bank failure in U.S. history. The recent collapse of Silicon Valley Bank highlights the intricate paradox of seeking safety in the financial industry. Banks, by nature, rely heavily on investor confidence to succeed. Yet, to maintain this confidence, banks must take risks to generate returns for their investors. The case of Silicon Valley Bank exemplifies how pursuing safety in … Continue reading The Paradox of Seeking Safety: Lessons from Silicon Valley Bank
Education is a critical foundation for a prosperous and successful society, unlocking the potential of individuals and contributing to a better future for all. However, as the world rapidly changes, it is essential that education is grounded in the real world and takes into account the global context. Textbooks and traditional classroom instruction alone cannot fully prepare learners to thrive in today’s complex and interconnected … Continue reading Why is education based on the real world important in a global context?
This book review presents a critical examination of the South Korean education system’s paradoxical and contradictory nature. The system emphasizes standardization over self-discovery, as children conform to the standards of the “grade-class-standardized curriculum” and become standardized themselves. The university entrance exam system, which relies on standardized tests, is particularly concerning as it drives future generations into the trap of standardization. The current corporate world and industry … Continue reading [Book Review] Meritocracy: The Future Society and Our Education 1 & 2