Innovation

South Korea Has World’s “Most Innovative Economy”

Bloomberg Business says “in the world of ideas, South Korea is king” as the ROK is the world’s most innovative economy for the 3rd year in a row.

Korea FM spoke with Bloomberg’s Michelle Jamrisko & the Wall Street Journal’s Jonathan Cheng to learn which factors influenced the ranking & why South Korea “dominates” the index.


Marmot's Hole Podcast: South Korea World #1 For Innovation

2016_01_27 Jeju Flight Delays, American Held In North Korea, Nutrage Law, & Korea #1 For Innovation

Robert Koehler & Chance Dorland discuss Bloomberg's crowning of South Korea as the most innovative economy in the world. Other topics include this weekend's winter storm that left thousands stranded in Jeju, the American tourist being held captive in North Korea & the ROK's new "nut rage" law.


Supermarkets -v- the People?

 

It has been bothering me since about the time it has been instigated. It’s a simple thing that shouldn’t really get me agitated as it has very little effect on me, and in many respects it is a good principal to take. It’s just that I think it’s the wrong step and I don’t think it really solves any problems, only encourages more populist resolutions to complicated social and economic problems.

What am talking about? Sunday closing for the so-called discount stores in Korea.

Now lets establish some terminology first.

“Discount stores” are what major supermarket chains are called in Korea. These include E-Mart (part of Shinsaegae international), Homeplus (owned by Tesco, the second largest supermarket company in the world), and Lotte Mart, which are the biggest ones.


Innovation and Korean Business – The could be’s, would be’s and should be’s

 


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