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http://dx.doi.org/10.12815/kits.2017.16.4.36

A Study of Establishment of Customized ITS Export Model Considering Development Stage by Country  

Hong, Suk-Kee (Dept. of Transportation Eng., Univ. of Seoul)
Jo, Nam-Min (Korea Expressway Corporation)
Lee, Seung-Jun (Dept. of Transportation Research Institute, Univ. of Ajou)
Lee, Choul-Ki (Dept. of Transportation System Eng., Univ. of Ajou)
Publication Information
The Journal of The Korea Institute of Intelligent Transport Systems / v.16, no.4, 2017 , pp. 36-53 More about this Journal
Abstract
The global intelligent transport systems (ITS) market is experiencing rapid growth, and domestic ITS companies' efforts to extend its business abroad are steadily increasing. However, due to the burden of costs associated with the overseas expansion and the lack of strategy for local market, domestic companies' contracts for global businesses are far short of the technology. Although the government is actively promoting Korean enterprises' participation to overseas business, it has obvious limits due to the lack of its specialized strategy. This study established a customized export model for the countries in which Korean companies want to enter, and developed a strategy to advance into the local market.
Keywords
ITS; ODA; Traffic Management; Electronic Payment; Traffic Information Service;
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