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New emerging technologies and their policy implications for Korean economy

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Frame of Image umer electronic equipment 4)
Miscellaneous ICT components and goods 5) Manufacturing services for ICT equipment 6) Business and productivity software and licensing services 7) Information technology consultancy and services 8) Telecommunications services 9) Leasing or rental services for ICT equipment 10) Other ICT services.2) While ICT or IT(Information Technology) faces a mature market, BT and NT are expected to form newly emerging markets. Table 1 offers an overall comparison
Table 1.
2003 World IT BT NT 36,630 3,292 2,822
Market Sizes of Three Related Technologies
Unit : 100 Million Dollar 2004 Korea 409 14 74 World 41,210 3,503 3,073 Korea 437 18 111 World 46,361 3,732 3,345 2005 Korea 467 22 167 World 52,516 4,240 3,643 2006 Korea 499 27 251
Source : Nanotechnology Development Action Plan, Korean Ministry of Education, Science, and Technology, 2004.
1) In this paper we will use IT instead of ICT, because in general there is no special difference between IT and ICT. 2) Guide to Measuring the Information Society, OECD, 2009.
of market sizes for the three technology-related industries. Especially in Korea, among them, NT has shown the greatest growth during the period. Here BT is defined by the OECD as: “the application of science and technology to living organisms, as well as parts, products and models thereof, to alter living or non-living materials for the production of knowledge, goods and services.” This single definition covers all of modern biotechnology and many tr


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Title New emerging technologies and their policy implications for Korean economy
Similar Titles
Material Type Reports
Author(English)

Lee, Sang-Kyu

Publisher

[Seoul]:Korea Institute for Industrial Economics & Trade

Date 2009
Journal Title; Vol./Issue KIET Industrial Economic Review(Current issues):vol. 14(no. 4)
Pages 9
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < IT
Holding KIET; KDI School

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