Keynote Session K003: Thursday 8 September, 09:00-09:40

Jeong-Dong LEE, Baeyong LEE

Available in languages ARA CHI ENG FRA JPN KOR RUS SPA

Innovation through accumulated experiences of creative trial-and-error

Developing countries usually start their development process by adopting developed country partners’ conceptual designs for their production of goods and services. With this adoption strategy, they can minimize the cost and risk associated with establishing conceptual designs. However, in order to become innovation-driven economies, developing countries have to try to create novel conceptual designs and accept errors, which are inevitable in creative trials. Moreover, they have to record, digest, accumulate, and utilize the experiences of creative trial-and-error. With this intelligent accumulation strategy, they can produce successful exploration results with their own conceptual design to help them transform into developed counterparts. Past innovation history confirms this stylized process of development from the perspective of innovation that includes conceptual design.

It should be remembered that the accumulation strategy relies on a specific set of components within the institutional framework, which consists of a tolerance for trial-and-error, a long-term and consistent decision time horizon, and a well-articulated archiving system. Developing countries often lack the above components in their institutional frameworks for innovation, since the adoption strategy itself does not require them, and they may even be harmful for successful and efficient implementation of the strategy. Once the societal framework focusing on adoption of conceptual design is instituted, it is difficult to change, since the framework will become a set of widely adopted routines. This is why most developing countries fail to advance to developed country status. Thus, developing countries need to change their societal institutions supporting accumulation of creative trial-and-error in order to become innovative. This requires social consensus on the need for routine change and on the strategies for change.

Modern Value of Korean Record Heritage
Recording heritage is important, but what is more important is inheriting and preserving the records of heritage, because they are the records of history as well. That is why the record heritage is called ‘the ancient future’. Korean record heritage is the ‘protoplasm’ of Korean culture that demonstrates Koreans’ traditional ways of living and creating culture, and their intellectual activities and competencies. Its viewers are impressed by the fact that they are facing the evidence of the record managers’ sincere commitment, consideration, and innovative pioneership to boosting the cultural pride of the nation and its communities and improving the quality of people’s lives.

This paper aims to examine the historical environment and experiences in which Korean record heritage has been accumulated, and to determine why the record heritage in its analogue form still matters in this IT era by analyzing the zeitgeist of the past it reflects and the modern value it holds at the same time. Furthermore, this paper will explore how to illuminate the value of the record heritage as a compass indicating the way to the spirit of the times and the future.

Biography

Jeong-Dong LEE, Seoul National University, Republic of Korea

Professor Jeong-Dong Lee received his Bachelor’s, Master’s, and Ph.D. degrees in Engineering at Seoul National University. He is a professor of the Interdisciplinary Graduate Program on Technology Management, Economics and Policy (TEMEP) and the Department of Industrial Engineering in the College of Engineering at Seoul National University, Korea. His main research topics include industry and firm dynamics, productivity and efficiency analysis, evolutionary economics, and innovation policy. He published five books and edited two including “Productivity, Efficiency and Economic Growth in the Asia-Pacific Region” by Springer Verlag in 2008. Professor Lee also published more than 60 articles in peer-reviewed academic journals, such as Economic Modelling, Industrial and Corporate Change, Energy & Environment, Energy Economics, Scientometrics, Journal of Productivity Analysis, Small Business Economics, Technological Forecasting and Social Change, International Journal of Industrial Organization, Technovation, Mathematical and Computer Modeling, and Asian Journal of Technology Innovation. He served as the Principal Coordinator for the Asia-Pacific Productivity Conference (APPC) in 2006 and as the President for the Korean Productivity Association (KPA) in 2011, and is President-elect for the Korean Corporation Management Association (KOCOMA) for 2017. He was the principal investigator of UNDP (United Nations Development Program) project for the innovation policy case studies for developing countries from 2011-2013. Professor Lee now actively consults for the government and private sector.

Baeyong LEE, President, The Academy of Korean Studies, Republic of Korea

Present
President, The Academy of Korean Studies
Chairperson, National Council of Unification Education
Member, Cultural Heritage Administration’s World Heritage Committee

Former
The 13th President, Ewha Womans University
Chairperson, Presidential Council on Nation Branding
The 15th Chairperson, Korean Council for University Education