 With a strong emphasis on the importance of innovation, raw intelligence and brainpower, benchmarking, economic competitiveness, and industriousness, propelled a war torn and impoverished South Korea into a country of efficient resource allocation and increasing value creation.Transforming itself from a resource-poor peninsula to an advanced high technology powerhouse with a cutting-edge electronic, automobiles, shipbuilding, steel, and petrochemicals industry contributed to the country's robust and sustained economic growth for over 50 years.Capital investments in research and development are among the highest in the world relative to its national income.