Conceptual Framework of Country Innovation Capability Development: Case from Japan, Korea and India
Author: Diena Dwidienawati, Indonesia
Abstract: The capacity to innovate is a key to competitive advantage. The successful transformation of Japan, Korea and India from merely with imitative capability to move up to value chain into advance innovation capability was reviewed. Based on the case of Japan, Korea and India, we can identify four factors play key role in the development of innovation capability. The first one is government involvement. The second one is the availability of competence human resources. The third one is financial capability. The fourth one is sizeable domestic market. Two moderating factor are identified. The first one is exposure to the outside world and the second one is turning point or crisis.