A Study on the Readjustment of the Nigerian National Innovation System through Korean Case Analysis

After independence in 1945, the South Korean economy rose steadily from a developing country to a developed country while, after independence in 1960, Nigeria is still a developing country with poverty on the increase, despite its large amount of natural resources. This research seeks to find a viable solution to this issue while studying the relationship that exist amongst Economic Development Plans (EDPs), National Innovation System (NIS) and economic development in Korea. The methodology used herein is a mixture of a systematic literature review and a semi-structured interview. The results of this study show that EDPs are essential to the enhancement of communication, and the flow of knowledge and innovation of the NIS. Furthermore, our result shows that the efficiency of the NIS is relevant to drive economic growth and development. Therefore, based on our analysis of the current situation in Nigeria and the development trajectory of Korea, we developed, introduced and recommended a theoretical framework called the “Multiple skipping” development trajectory as a model for development in Nigeria.