콘텐츠 바로가기
로그인
컨텐츠
  • HOME
  • SEARCH
PLUS Text Size MINUS RESET
INSTAGRAM FACEBOOK YOUTUBE

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy General
Industry and Technology General

Print

Korea's growth engines for the future : Industries likely to emerge over the coming decade

Related Document
Frame of Image
  • Korea's growth engines for the future
  • UK Trade&Investment
  • UK Trade&Investment


link
Title Korea's growth engines for the future
Similar Titles
Sub Title

Industries likely to emerge over the coming decade

Material Type Report
Author(English)

UK Trade&Investment

Publisher

[London, U.K.] : UK Trade&Investment

Date 2014-11
Pages 52
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < General
Industry and Technology < General
Holding Government of the United Kingdom
License

Abstract

This report aims to identify the potential high-growth sectors that are likely to emerge in Korea over the coming decade. UKTI has commissioned IRC Limited to investigate these emerging industries on its behalf. UK Trade and Investment (UKTI) is a UK Government body that assists British companies exporting and trading overseas, and assists the best foreign companies to invest in the UK. IRC is a Korea-based business development consultancy that has been assisting multinational companies to capitalise on opportunities in Korea for more than three decades. To implement this project, IRC carried out three discrete activities: 1) Reviewed several dozen publications (books, articles, speeches), 2) Interviewed specialists across a wide range of industries, 3) Held three focus groups, two with Koreans and one with long-term expats.
The project generated a large number of individual opinions and insights into the future. However, there was little consistency or sequential flow across these insights. It is clear that the technologies and industries that will emerge in Korea over the coming 5 to 10 year time period are already visible in social trends, prototype products and R&D projects being carried out today. While it will be easy to trace the origins of trends back to the present in 5 to 10 years, accurate prediction of the future is always a challenge. Furthermore, without doubt, some of the most significant trends will catch society by surprise.
Truly revolutionary changes in industry are more likely to emerge in a longer term time frame. Of course, these predictions are further into the future and therefore, less reliable. Furthermore, long term trends and opportunities are global in nature, not Korea specific.