South Korea: Asia's Second Innovation Engine
South Korea has emerged as a significant driver of innovation in Asia, surpassing Japan in various sectors. The South Korean government is focused on establishing the country as a leading global biopharmaceutical hub by 2030. This includes ambitious goals such as doubling biopharmaceutical exports and developing major innovations in the field.
- ▪South Korea is the second most important contributor to Asian innovation growth.
- ▪The government aims to make South Korea a top global biopharma power by 2030.
- ▪Targets include doubling biopharmaceutical exports and developing three blockbuster innovations.
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