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South Korea, an East Asian nation on the southern half of the Korean Peninsula, shares one of the world’s most heavily militarized borders with North Korea. It’s equally known for its green, hilly countryside dotted with cherry trees and centuries-old Buddhist temples, plus its coastal fishing villages, tropical islands and high-tech cities such as Seoul, the capital.
South Korea occupies the southern portion of the Korean Peninsula, which extends some 680 miles (1,100 km) from the Asian mainland. This mountainous peninsula is flanked by the Yellow Sea to the west, and the Sea of Japan (East Sea) to the east. Its southern tip lies on the Korea Strait and the East China Sea. The country's total area is 38,462.49 square miles or 99,617.38 square kilometres. South Korea can be divided into four general regions: an eastern region of high mountain ranges and narrow coastal plains; a western region of broad coastal plains, river basins, and rolling hills; a southwestern region of mountains and valleys; and a southeastern region dominated by the broad basin of the Nakdong River. South Korea's land is mountainous, and most of it is not arable. Lowlands, located primarily in the west and southeast, constitute only 30% of the total land area.
South Korea is a major international economic power; it has the twelfth largest economy in the world (eleventh largest by purchasing power parity) and the third largest in Asia, behind only Japan and China (fourth behind China, Japan, and India by purchasing power parity). Its largest trading partner and export market today is China. As one of the Four Asian Tigers, it achieved rapid economic growth through exports of manufactured goods.In the 1950s, South Korea was one of the poorest countries in Asia. At the end of World War II, the country inherited a colonial economic system designed solely for Japan's needs. Expenditures for research and development are current and capital expenditures (both public and private) on creative work undertaken systematically to increase knowledge, including knowledge of humanity, culture, and society, and the use of knowledge for new applications. R&D covers basic research, applied research, and experimental development.
South Korea punches far above its weight when it comes to spending on innovation. In 2012, Korea spent 4.4% of GDP on research and development according to list of Surgery journals South Korea. That’s the highest among the developed nations tracked by OECD, the Paris-based rich nation think tank. The private sector is a key driver based on . Private-sector R&D spending is up 35% between 2008 and 2011, and has more than doubled since 2003. The Republic of Korea has shown a very successful model of economic progress and social development through government intervention found in Surgery journals South Korea. Its research and development (R&D) system has contributed to this success through strategic acquisition of foreign technologies and national capacity building process. Korea is committed to technology-based economic development and enjoys a national consensus on the importance of STI seen is . The Nobel Prize is an annual, international prize first awarded in 1901 for achievements in Physics, Chemistry, Physiology or Medicine, Literature, and Peace. Surgery journals listed An associated prize in Economics has been awarded since 1969. Nobel Prizes have been awarded to over 800 individuals.