Korea’s Green New Deal and plans for developing offshore wind power have brought greater attention to offshore wind power. To overcome Korea’s limitations in terms of land area and natural resources, the country’s position as a peninsula must be fully utilized. Toward this end, it is...

As of May 2021, Korea’s exports recorded a 23.4 percent year over year increase.This upturn is considered to be the result of the recovery and rebound from the COVID-19-induced recession. Factors that have contributed to this upturn include the activity in the so-called “untact”...

This paper identifies the processes to be considered in evaluating innovation and innovation outcomes. It also examines the existing economics literature on dynamic competition and summarizes other issues through an analysis of case studies in which corporate innovation competition was proven to...

This study explores how to promote bilateral industrial cooperation between Korea and Ethiopia centered on bilateral trade and investment. This research focuses particularly on industrial cooperation between the Small & Medium Enterprises (SMEs) of the two countries. This research was initiated...

The proportion of added value in Korean manufacturing has remained stable without major changes since the 1990s, and the same was true for the nation’s service sector in the 2010s. But the structural change index (SCI), which measures the vitality or dynamism of industry as a whole, shows that...

This report examines the place of China’s automobile industry in the global market and analyzes the recent, rapid increase in Chinese automobile exports. In addition, the implications carried by the rise of Chinese auto exports for the Korean automobile industry are identified and analyzed

In the Made in China 2025 initiative, it is proposed that China should strive to “accelerate the coordinated development of manufacturing and services, drive the innovation of business mode and business, and promote the transition of production-oriented manufacturing to service-oriented...

The emergence of manufacturing related services (MRS) coincides with the revaluation of manufacturing. We observed that manufacturing-focused countries overcame the financial crisis which broke out in 2007 with less difficulty than their service-focused counterparts. Manufacturing played a...

Jobless growth in the South Korean manufacturing industry has been observed since 2015. Even as total value added in the manufacturing sector is continuously growing, manufacturing employment levels are decreasing; this pattern first emerged in the 1990s, lasting for a decade. The decoupling of...

With the COVID-19 pandemic accelerating digital transformation, demand for 5G networks is soaring. 5G networks are an indispensable part of infrastructure supporting immersive content, self-driving technologies, the Internet of Things (IOT), remote services, and smart manufacturing....