Majority of success of Korea is due to globalization (market size and talent is global) and Japan success was pre-globalization. Korea cannot develop Car tire without globalization what Japan could do decades ago.
I have alot interest in my favorite topic and they release stuff on there social media to show history to the new generation. The picture is mid to late 80s Saudi Taxi stand but the Vehicles are late 70s Toyota Cressida(Toyota transition to rectangular lights in 1980). Japan develop such vehicle post oil Crises period in limited market (they have large engine capacity certainly not for Europe and Asia) and before this robotics revolution and maintain decade of reliability in that environment and when Koreans entered the market in late 80s. They put this statement Authentic Luxury in Most beautiful form. The Toyota owner in Saudi is like Royal Family with all the access. Toyota was the monoply and still largest share of the market. There are alot more that i dont want to write.
how do you know Korean domestic software ecosystem is complete and advanced? Alot of really high value software may not be consumer focused so stock market cannot reflect the true value.
When that Airline outages happened last year both Korea and Japan equally impacted and not Mideast Airlines.
I dont pay attention to Software because it is like Soft Power. but once you understand Gulf Monarchies approach to AI, cyber security and Social apps like Telegram they are perfectly capable of creating the biggest Software giants but it impacts there current Soft Power.
