In May 2022, the new Yoon Suk-yeol government has presented a new goal for national defense dubbed the ‘AI Science and Technology Strong Force’, and announced that it will reform the overall defense R&D system so that civilian technology can be applied (spin-on) to defense in a timely...

As COVID-19 has spread all over the world, it is having a serious impact on the global economy. Since there are yet great uncertainties regarding the ultimate duration and scope of its proliferation, it is difficult to forecast the magnitude of its impact. In this regard, investigating previous...

It is recognized by governments, industry and academia that the digital transformation will dramatically change the growth paradigm around the world, but this change will not be uniform across countries and among individuals. Differences in the benefits derived from digital technologies and the...

Korea, a small open economy, is characterized by its high dependency on the international environment and this also applies at the municipal level. In the past, Korea’s economy grew by exporting goods of its main industries and in this process, certain strategically selected provinces paved...

The Korean textile and clothing industry has fallen into a positioning trap without any obvious strengths over the checks of advanced countries such as Japan, the United States and Germany and catch-up developing countries such as China and India. The domestic production base has shrunk as...

Global communities are paying growing attention to climate change. Greenhouse gases that cause climate change are a representative environmental bad in economics. As with goods, the efficient allocation of a bad is achieved through optimization behavior of market agents. Microeconomic theory...

On July 14, 2021, the European Union announced EU Fit for 55, a climate target package comprising 13 policies representing legislation and new initiatives. Among the proposals were those related to the transition toward a more competitive industrial structure, including a stronger and expanded...

Due to the COVID-19 pandemic, interest in COVID-19 vaccines and treatments has grown. In addition, awareness of the importance of healthcare and disease prevention has risen, thus demand for related goods has also increased. There are movements to preempt emerging industries, such as...

Since the importance of innovation as a means of industrial development and economic growth has been emphasized, the region has played a key role as an appropriate spatial unit of innovation policy and a spatial scope in which connections and exchanges between innovators are more active....

The industrial structure is constantly evolving due to supply-side factors such as technological advancement, the labor force, capital accumulation, and international competition as well as demand-side factors such as changes in consumer needs due to increased income levels, and industrial...