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Status and innovation plan of manufacturing technology in plastics engineering - focusing on thermoplastics, composites and molds -  

Kim, Sun-Kyoung (Department of Mechanical System Design Engineering, Seoul National University of Science and Technology)
Publication Information
Design & Manufacturing / v.15, no.2, 2021 , pp. 1-10 More about this Journal
Abstract
In this study, the current state of the plastics industry has been examined. The direction of development and innovation is reviewed and commented. The technical statuses of various sectors such as thermoplastic resin, composite material, mold engineering, and simulation have been scrutinized. In addition, the industrial status of each sector has been reviewed. Then, the challenges that the plastics manufacturing industry has to deal with have been discussed. Especially, the situation in Republic of Korea has been elaborated in detail. Based on the discussion, an open innovation strategy has been suggested. It has been argued in this work that the open innovation strategy will enables efficient funding and development by avoiding resource consuming rent seeking.
Keywords
Plastics; Mold; Composite Materials; Rent seeking; Open innovation;
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