1887

Innovation, Agricultural Productivity and Sustainability in Korea

image of Innovation, Agricultural Productivity and Sustainability in Korea

Agriculture in Korea is under increasing pressure to meet changing domestic demand, improve its productivity to keep up with the country's competitive manufacturing sector, and become more competitive at the international level. To date, the government has offered extensive support to farm income via price support, direct payments, preferential tax treatment, and reduced input prices. However, a more comprehensive policy approach is required to address the low-income problem in agriculture, and a more comprehensive rural development policy is also required to create employment opportunities for the younger generation.

Korea should explore its potential to export niche agricultural products and processed food that reflect its rich and unique food culture. To unleash the sector’s potential, agricultural policy should focus on improving the productivity and sustainability of commercial enterprises and develop the food processing sector. The country's agricultural innovation system should become more integrated and collaborative, benefiting from its strong competitive advantage in Information and Communication Technology (ICT).

English Korean

.

Foreword

Innovation, Agricultural Productivity and Sustainability in Korea is a part of the OECD Food and Agricultural Reviews series. The review was implemented as a co-operative activity with the Korea Rural Economic Institute (KREI) under the leadership of Chang-Gil Kim. It examines the conditions in which farms and businesses in Korea undertake innovation in the food and agriculture sector to become more productive and environmentally sustainable. It starts with an overview of the food and agriculture sector and outlines development challenges and opportunities (Chapter 2). A wide range of policies which influence incentives for innovation are then examined: a favourable and predictable environment for investment (Chapter 3); capacities and public services enabling business development (Chapter 4); agricultural policy (Chapter 5) and the operation of the agricultural innovation system (Chapter 6).

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error