The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Disgraced ex-minister's daughter says she feels proud, qualified as a doctor

  • 3

    Ex-gov't employee summarily indicted for alleged attempt to sell Jungkook's lost hat

  • 5

    Coupang reveals Asia's largest fulfillment center in Daegu

  • 7

    Seoul city zeroes in on foreign residents' unpaid taxes

  • 9

    Korean Peninsula may face fallout from balloon saga

  • 11

    SM founder Lee Soo-man returns home, in hospital to treat arm fracture

  • 13

    Rescuers race against time as Turkey-Syria quake death toll passes 5,000

  • 15

    Apple confirms launch of Apple Pay in Korea

  • 17

    K-pop stars and dating

  • 19

    South Korea steps up efforts to resolve issue of aging separated families

  • 2

    Singer Lee Seung-gi to marry actor Lee Da-in in April

  • 4

    SM in internal feud over founder's exit from producing

  • 6

    Tiger endures 3 years of solitary confinement in closed zoo

  • 8

    'Celebrity forests' emerge as new K-pop trend in Seoul

  • 10

    Netflix survival show 'Physical 100' attracts viewers with sweat, muscle and human story

  • 12

    Peak Time: Survival show for lesser-known K-pop boy bands to hit air

  • 14

    Ex-justice minister, daughter blamed for unrepentant attitude over academic fraud

  • 16

    PHOTOSTurkey-Syria earthquake

  • 18

    INTERVIEW'Korea, US can create synergy in space industry': NASA ambassador

  • 20

    Seoul narrows in on new slogan

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Thu, February 9, 2023 | 22:04
Thoughts of the Times
Creative economy for Korea
Posted : 2015-07-26 17:35
Updated : 2015-07-26 17:45
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
By Ramjit Kumar Dhawan

Gautama Buddha once said, "Do not believe in anything just because it is said by your teachers and elders but apply your own intellect and then accept it." Buddha's teachings were revolutionary, which spread the ideas of rational thinking and individualism.


Buddhism was carried from India to the remotest parts of Asia, including Korea, by monks and was voluntarily accepted by the kings and the commoners. Unlike some other religions which were spread by the use of sword and deceitful means, Buddhism was spread through peaceful methods.

Buddhism had profound impact on the culture and traditions of Korea and enjoyed royal patronage for many centuries. As a result, the period of the Unified Silla (668-935) and Goryeo (918-1392) Kingdoms had great achievements in the field of arts and culture. There were also several scientific and engineering achievements, such as the invention of the Korean printing technique.

However, Buddhism was replaced by Confucianism as the guiding philosophy during the Joseon Kingdom. Buddhism was condemned for being an individualistic philosophy and dangerous to the social hierarchy and stability. On the other hand Confucianism taught a strict code of conduct and submission to authority. The freedom and liberty of Korean women was also curtailed during this period.

In due course Korea became an even more Confucian society than China, which gave birth to Confucianism. Confucianism created a system where creative thinking was not permitted.

The modern period in Korea witnessed rapid economic development, also known as the "Miracle on the Han River." One group of scholars gives importance to the role of the cultural factors in the economic transformation of Korea. The predominance of Confucian philosophy was helpful in raising a disciplined workforce for the mass-producing industries. The former Singaporean Prime Minister Lee Kuan Yew argued about the role played by the "Asian values" such as work ethic and social hierarchy in the rise of the Tiger economies."

The 1980s saw democratic consolidation in Korea, which for Samuel P. Huntington was evidence of the "Third Wave of Democracy." However, despite economic and political transformations, the cultural values which had been part of the individual and social behavior for centuries in Korea are still present among its people.

In recent years due to the increase in low-cost manufacturing companies across Asia and other parts of the world, the Korean companies have been rapidly losing their competitiveness in the global market. Therefore, the focus of the Korean government and chaebol groups has shifted toward innovation of new technologies and products.

The education system that Korea established decades ago was more in compliance with the labor-intensive manufacturing industries. But for innovation and knowledge-based economy, a workforce is required which can think creatively and can produce new technologies. To build up this kind of workforce Korea needs to make changes in the education system and induce creativity among students.

Korea is an export-oriented economy and a decline in exports would have serious impact on the economy. Therefore, there is a need to make a harmony between the ideas of Confucianism and Buddhism in Korea. The social discipline of Confucianism in combination with the creative thinking of Buddhism would create synergy which would make Korea a hub of startup companies and innovative products.

The author is a Ph.D. candidate at the School of International Studies, Jawaharlal Nehru University in New Delhi, India. His e-mail address is rkdhawan13@hotmail.com.

 
Top 10 Stories
1Korean Peninsula may face fallout from balloon saga Korean Peninsula may face fallout from balloon saga
2[PHOTOS] Turkey-Syria earthquake PHOTOSTurkey-Syria earthquake
3Daughter-centered photos, title of honor reinforce speculation over North Korea succession Daughter-centered photos, title of honor reinforce speculation over North Korea succession
4SM's management dispute to benefit KakaoSM's management dispute to benefit Kakao
5[INTERVIEW] 'Growth slowdown can accelerate depletion of retirement pension fund' INTERVIEW'Growth slowdown can accelerate depletion of retirement pension fund'
6National Assembly votes to impeach interior minister for Itaewon tragedy National Assembly votes to impeach interior minister for Itaewon tragedy
7Key real estate owned by McDonald's Korea excluded from sale Key real estate owned by McDonald's Korea excluded from sale
8Philip Morris seeks to surpass KT&G in e-cigarette market Philip Morris seeks to surpass KT&G in e-cigarette market
9SM6 Feel attracts customers with popular options, low price SM6 Feel attracts customers with popular options, low price
10Korean companies move to support victims in earthquake-hit Turkey, Syria Korean companies move to support victims in earthquake-hit Turkey, Syria
Top 5 Entertainment News
1SM in internal feud over founder's exit from producing SM in internal feud over founder's exit from producing
2Peak Time: Survival show for lesser-known K-pop boy bands to hit air Peak Time: Survival show for lesser-known K-pop boy bands to hit air
3K-pop stars and dating K-pop stars and dating
4Investigation into Yoo Ah-in's alleged drug use likely to affect release of his films, series Investigation into Yoo Ah-in's alleged drug use likely to affect release of his films, series
5Kim Ok-vin, Yoo Teo show enemies-to-lovers dynamic in 'Love to Hate You' Kim Ok-vin, Yoo Teo show enemies-to-lovers dynamic in 'Love to Hate You'
DARKROOM
  • [PHOTOS] Turkey-Syria earthquake

    [PHOTOS] Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group