This study seeks to identify and articulate policy measures that can help the Korean economy, currently focused on the heavy and chemical industries, adapt to the changing technological environment.
The Korean economy has been growing rapidly over the last two decades, primarily due to the substantial growth of the heavy and chemical industries, which has contributed the growth of other industries as well. While the Korean government has been singularly focused on the heavy and chemical industries, new technologies have been developed in industries worldwide, forcing Korean products to face increasing competition on the international market. Changing industrial technologies involve not only the emergence of new technologies, but also the transformation of industrial environments in ways that better accommodate and enhance technological progress. With its production-intensive industrial technologies and environment, Korea cannot effectively compete with other countries. This is why Korean policymakers must carefully observe evolving industrial technologies worldwide.
There are a number of models or frameworks for understanding the recent changes in industrial technologies, such as the linear model, new projects and new ideas, the process model, the dynamic model, technology transfer from abroad, and transfer of engineers from abroad.
Korean businesses have actively embraced developed and packaged technologies from around the world, applying them to achieve success in such industries as black-and-white television manufacturing. Much of the Korean manufacturing sector has, so far, focused on the primary processing and engineering of products to be processed again abroad.
Therefore, Korean businesses are excessively dependent on parent companies overseas for technology. In order for the Korean economy to adapt effectively to evolving industrial technologies worldwide, Korean businesses need to develop their own technologies with an objective of bridging the technological gap with technologically advanced countries. Some issues, such as the need to develop and hire skilled workers and engineers, may not be solved quickly. Nevertheless, Korean industries need to start developing their expertise on the basis of the industrial resources they already have.
산업기술의 변화형태와 대응책(Patterns of change in industrial technologies: effective responses)
|Journal Title; Vol./Issue||한국개발연구:vol. 1(no. 4)|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Industry and Technology < Science/Technology|
|Holding||KDI; KDI School|