Smart Factory Policies and SMEs’Productivity in Korea

Hyeon Ju ()
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Hyeon Ju: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr

No 21/2, Occasional Papers from Korea Institute for Industrial Economics and Trade

Abstract: This study focuses on the demand sector of smart factories, especially policies related to the introduction of smart factories by small and medium sized manufacturers. D Discussions focusing on SMEs are important because the gap in capacity and resources between large corporations and SMEs is very large and most large corporations in Korea are already pushing the full utilization of smart factories on their own. This study review Korean policies to support SMEs in introducing smart factories and to improve the industrial ecosystem surrounding smart factories.

Keywords: smart factories; SMEs; small and medium-sized enterprises; SME policy; smart factory policy; innovation; R&D; Korea; SME ecosystem; industrial ecosystem; industrial policy; industrial strategy; productivity; manufacturing; competitiveness; competition policy; productivity growth; digital transition; digital transformation (search for similar items in EconPapers)
JEL-codes: D21 D23 D24 D25 E23 G31 G38 H23 J22 J24 L11 L23 L52 L60 O31 O32 O33 O38 (search for similar items in EconPapers)
Pages: 93 pages
Date: 2022-06-16
New Economics Papers: this item is included in nep-eff and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kietop:2021_002

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