A comparative study on regional innovation systems in Sweden and South Korea

[...]transition of a production system from Fordism to postFordism is intimately linked to socioeconomic change (Malecki, 1991).14 The flexible specialization that Post-Fordism entails creates a new paradigm for regional economic development. [...]it offers a holistic approach to national and regional growth policies to build regional brands that attract expertise, venture capital, and firms.33 Four closely related factors create and drive the dynamics of a cluster environment. [...]several government organs, such as AST, the Ministry of Trade and Industry, the Ministry of Information and Communications, the Agency for the Environment, the Ministry of Agriculture and Fisheries, and the Ministry of Health and Welfare, crafted science and technology policies for their own specialized fields and interests. [...]distributed science and technology policy started in the mid-1990s as local democracy created new possibilities for local and regional governments to create their own science and technology policies.