• Asian Journal of Innovation and Policy
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• v.8 no.1
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• pp.1-30
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• 2019

The advent of digitalisation has transformed economies into more integrated, but increasingly complex systems. This new trend has brought dynamic changes in the manufacturing sector through advanced ICT infrastructure, smart factories, digitally-controlled logistics, and skilled ICT-labour. The impacts of the digital economy on manufacturing could be best illustrated through "Industry 4.0." With this wave of technological advancement, countries aim to establish an industrial ecosystem where every manufacturing process and function is connected and interacts through digital networks. Industry 4.0 presents opportunities for Emerging Asia, as the region has emerged as a fast-growing manufacturing hub and particularly a production base for ICT goods. However, growing production capacity, increased exports, and increases in FDI in the field of ICT goods manufacturing have so far contributed little to the development and diffusion of ICT. A huge gap exists in the ICT uptake amongst countries and between small and large firms. This paper highlights the level of Industry 4.0 readiness of Emerging Asia and key factors that determine its enhancement.

• Journal of Information Technology and Architecture
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• v.11 no.4
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• pp.463-470
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• 2014

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.

• Journal of the Korean Society of Manufacturing Process Engineers
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• v.18 no.6
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• pp.76-81
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• 2019

In the mold-manufacturing field, various methods of advanced production technology are being used in the production of industrial-grade gear pulleys. Among the current methods are injection molding, hoop molding, insight molding, two-material molding, compound-mold molding, as well as engineering plastic mold. Currently, casting pulleys are inexpensive because they are produced in small quantities. However, they produce complications during the manufacturing process, are very unreasonable for mass production, and are disadvantageous in cost competitiveness. Pulleys are divided into hundreds of kinds and thousands of kinds, so the production methods vary. As these pulleys are made of a single material by a casting and welding method, they are not manufactured using injection molds consisting of different materials. In this research, pulleys, shafts, and reinforced plastic materials were incorporated using ANSYS software, and a low-cost, lightweight technology was applied for trial production with optimum design and extrusion technology.

• Journal of Evidence-Based Herbal Medicine
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• v.3 no.1
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• pp.19-23
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• 2010

Gyeongsangbukdo is nation's leading producer of medicinal crop. Based on this, Gyeongbuk-specific measures for the development of oriental medicine industry is proposed. The aim is the development of oriental medicine industry and regional economic in Gyeongbuk. Production, research and development, manufacturing, distribution are constructed in industrial cluster. And each step need a quality control strictly. In production field, make the seed valley of medicinal crop and Good Agricultural Practice park. In research and development field, study on efficacy of oriental medicine with Good Laboratory Practice. In manufacturing field, make industrial park for foods, dietary supplements and drugs with Good Manufacturing Practice. In distribution field, supports advanced distribution program with Good Supply Practice.

• Journal of the Korean Society of Industry Convergence
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• v.22 no.5
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• pp.583-589
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• 2019

One of the core pillars of the Fourth Industrial Revolution is the innovation of the manufacturing industry. From the beginning, the 4th Industrial Revolution appeared in Germany under the concept of 'Industrial 4.0', which means a radical change in the manufacturing industry that can provide super intelligent product production and services based on artificial intelligence and big data. Since manufacturing innovation is a change in the industrial character of the entire nation, the initial role of government is important. Korea also has various policies related to the 4th Industrial Revolution, but there are still various problems to be solved. Therefore, this paper monitors and analyzes the public R&D projects of the advanced countries on manufacturing innovations in the background mentioned above, and through this, the policy implications are drawn.

• Journal of the Korean Professional Engineers Association
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• v.12 no.3
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• pp.18-22
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• 1979

"In summary, the freezing facilitty manufacturing industry has a bright prospects for further development. So followings are recommended: 1) The import restriction policy should be continued to expand the demand for the 10callT manufactured facilities, 2) Training of local people and import of advanced technologies should be encouraged 3) The capacities of the local manufacturing industry should be expanded to meet the: increasing demand for the facilities, 4) Further incentives should be affered to the freezing & cold storage sector for the repla¬cement of the worm-out facilities 5) The marketing channel of marine products should be reorganized into ""cold-chain system"" by providing a legislative supports."

• Analyses & Alternatives
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• v.6 no.1
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• pp.195-222
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• 2022

From the economic development perspective, economic growth should accompany structural improvement in order to meet complex demands from a society. In the context of development economics, economic growth is critically dependent on successful structural advancement. The issue of structural change is also important for advanced economies as the landscape of modern industry is changing fast. Many advanced countries of slow growth are experiencing dawdling changes in industry structure. However, there is no definitive answer to the question of whether there is a causal relationship between structural change and growth. This study empirically assesses the relationship between structural change or 'speed' thereof and economic growth in developed countries of OECD. Rather than looking into the causes of structural changes, this study simply measures structural changes in OECD economies and examines if structural change is really contributing to growth. The reason why this study focuses on advanced countries of OECD is rather obvious; technological innovation and emergence of new industries pressure these countries to restructure their economies to address these new challenges though they are at stages well beyond conventional industrialization. And structural rigidity can always limit growth even in advanced countries. The main results of this study can be summarized as a positive relationship between 'change and growth'. 'Change' in this study refers to changes in the industrial structure based on value-added and was analyzed to have a close positive relationship with economic growth. This result is consistent with arguments of early development economists emphasizing structural upgrade as an indispensable process for growth and development. The result of this study potentially confirms that the main argument of development economics is valid also for advanced economies. One of our results suggests that business/professional services and social services should be main targets for restructuring for advanced economies. The rational may be that rapid convergence of manufacturing and services is a key for structural advancement in the era of new technologies. Obviously, as manufacturing technology and production are standardized, it is difficult to secure international competitiveness through traditional manufacturing alone and the role of R&D, design, logistics, and marketing is becoming more important.

• Journal of the Korean Society of Manufacturing Process Engineers
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• v.19 no.9
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• pp.33-39
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• 2020

Self-piercing rivets are often used in the automotive industry, among other industries, as mechanical components to join multiple materials such as aluminum alloys. Self-piercing rivets have a strong sealing property, although there is considerable scope for their performance improvement. In this study, to enhance the performance of self-piercing rivets, the hybrid self-piercing riveting (SPR) technique, using the existing SPR and structural adhesive, was proposed. Moreover, heterogeneous material specimens subjected to the hybrid SPR technique were manufactured and tested. The joint strength of the test pieces of different materials was evaluated through finite element analyses.

• Journal of the Korean Operations Research and Management Science Society
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• v.28 no.3
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• pp.81-101
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• 2003

The financial statements purpose to provide useful information to decision-making process of business managers. The value-relevant information, however, embedded in the financial statement has been often overlooked in Korea. In fact, the financial statements in Korea have been utilized for nothing but account reports to Security Supervision Boards (SSB). The objective of this study is to develop earnings forecasting models through financial statement analysis using artificial intelligence (AI). AI methods are employed in forecasting earnings: artificial neural networks (ANN) for manufacturing industry and case~based reasoning (CBR) for banking industry. The experimental results using such AI methods are as follows. Using ANN for manufacturing industry records 63.2% of hit ratio for out-of-sample, which outperforms the logistic regression by around 4%. The experiment through CBR for banking industry shows 65.0% of hit ratio that beats the statistical method by 13.2% in holdout sample. Finally, the prediction results for manufacturing industry are validated through monitoring the shift in cumulative returns of portfolios based on the earning prediction. The portfolio with the firms whose earnings are predicted to increase is designated as best portfolio and the portfolio with the earnings-decreasing firms as worst portfolio. The difference between two portfolios is about 3% of cumulative abnormal return on average. Consequently, this result showed that the financial statements in Korea contain the value-relevant information that is not reflected in stock prices.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.26 no.5
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• pp.1313-1322
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• 2016

Recently, many virus and hacking attacks on public organizations and financial institutions by internet are becoming increasingly intelligent and sophisticated. The Advanced Persistent Threat has been considered as an important cyber risk. This attack is basically accomplished by spreading malicious codes through complex networks. To detect and extract PE files in smart manufacturing industry networks, an efficient processing method which is performed before analysis procedure on malicious codes is proposed. We implement a preprocessor of open intrusion detection system Snort for fast extraction of PE files and install on a hardware sensor equipment. As a result of practical experiment, we verify that the network sensor can extract the PE files which are often suspected as a malware.