Nobel prize winning economist says Korea getting innovation-led growth ‘so well’

“Nobel Prize-winning economist Peter Howitt said South Korea is putting innovation-led economic growth into practice “so well,” pointing to its heavy research and development spending and the government’s support for startups and small and medium-sized enterprises. President Lee Jae Myung met Howitt, a professor of economics and the Lyn Crost professor of Social Sciences at Brown University, as well as the Ph.D. adviser to Ha Joon-kyung, senior presidential secretary for economic growth, at Cheon

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