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Status and Policy Implication of Root Manufacturing Industry SME  

Kim, Kiwoong (Korea Small Business Institute)
Kim, Jumi (Korea Small Business Institute)
Choi, Jinseok (Seoul National University of Science&Technology)
Publication Information
Journal of Information Technology and Architecture / v.11, no.4, 2014 , pp. 463-470 More about this Journal
Abstract
Recently, government supporting policies on the revival of manufacturing industries are building up in the advanced economies like US and so on. Root manufacturing industry as the base of all manufacturing industries is accounting for SMEs by an absolute majority and Korean policies for SMEs are apt to increase in numbers. Nevertheless, there is no much concern in the area of root manufacturing industry SMEs. Especially, the effectiveness of R&D in root manufacturing industry is on the verge of controversy. As the results of root manufacturing industry SME's analysis, there are lots of various characteristics by fields in root manufacturing industry and the R&D results are not well carried over to business commercialization. In this paper, five policy proposals for root manufacturing industry SMEs are suggested based on the current situations of domestic and overseas countries.
Keywords
Root manufacturing industry; SME; R&D; Corporate performance;
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