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Opinion

Columnists

Time to expand R&D credit for large Korean firms

Technological innovation is the foundation of economic progress, and research and development is the rocket fuel of innovation. That's why governments around the world provide financial support for R&D, both directly through grants and indirectly through tax incentives for companies, big and small.

2022-05-11 16:15

Korea should participate in proposed Indo-Pacific Economic Framework

The Biden administration has launched its Indo-Pacific Economic Framework (IPEF) to increase economic cooperation among Pacific region democratic nations. Korea should be an active participant. In an effort to bring together democratic, rule-of-law Pacific-rim nations in a new trading bloc, it was clearly a disappointment that the United States did not join the Trans-Pacific Partnership (TPP) trade agreement.

2022-04-21 16:16

Has Russia awakened democracies to cooperate vis-a-vis China's economic aggression?

The Russian invasion of Ukraine is a horrific violation of international norms and human rights. Putin's actions have sent a wake-up call to much of the world. And rightly, many countries and companies are taking steps to penalize Russia for its aggressive actions, including economic sanctions. This includes a number of major technology companies, including ones in the United States and Korea.

2022-03-09 16:12

Korea's 'untact' initiative is unbelievable

Last year tens of millions of people outside Korea watched and enjoyed “Squid Game.” Hopefully this year other nations will “watch” and learn from Korea's new and innovative “untact” initiative.

2022-02-10 16:52

Calm down: AI isn't magic, just software

It's easy to get caught up in artificial intelligence (AI) hype. We are bombarded with claims that AI is a transformative technology: more powerful than a locomotive, able to leap tall buildings in a single bound. In other words, AI is the “Superman” of all technologies, doing things no other technology could ever do.

2022-01-06 16:29

What can be done to slow down China's technological advancement?

In the Greek myth about swift-footed Atalanta, the daughter of the king who must marry anyone who beats her in a race, her challenger, Hippomenes, dropped three golden apples during the race because he knew that Atalanta would have to stop to pick them up, and it was only in this way that he could win the race.

2021-12-09 16:52

On clean energy innovation, nothing to cheer about

The U.N. climate conference going on in Glasgow is focusing on whether national governments are willing to ramp up their commitments to reduce greenhouse gas emissions. President Moon Jae-in recently announced a commitment for Korea to cut its greenhouse gas emissions 40 percent by 2030.

2021-11-04 16:55

Understanding America's retreat from globalization

U.S. trade policy has turned inward. Since World War II the United States was the leading force for globalization and trade liberalization. Over the last decade, however, America has retreated from that role, and is actually in some ways rejecting increased global trade integration.

2021-10-07 17:02

Santa Claus is now the patron saint of American politics

When I was a boy, like most kids, I could hardly go to sleep on Christmas Eve, knowing that when I woke up our Christmas tree would be surrounded by presents from Santa. As much as I loved Christmas, I wished every day would be Christmas, with Santa coming down our chimney and giving me loads of gifts for free.

2021-09-08 17:05

Growth through innovation will help fight climate change

In the past decade a growing number of activists and pundits have argued that if we want to save the planet, particularly from global warming, the world can no longer afford growth. Many go further and call for de-growth: via shrinking the global Gross Domestic Product (GDP).

2021-08-11 17:05

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