• Title/Summary/Keyword: South Korea's economic development

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An Economic Ripple Effect Analysis of Domestic Supercomputing Simulation in the Industrial Sector

  • Ko, Mihyun;Kim, Myungil;Park, Sung-Uk
    • Journal of Information Science Theory and Practice
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    • v.10 no.spc
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    • pp.66-75
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    • 2022
  • The manufacturing industry is the foundation that drives economic growth, and manufacturing innovation is essential for sustainable growth advantage and the transition into a digital economy. Therefore, major countries actively support the field of simulations, which incorporate information and communication technologies into manufacturing, and announce various policies at the national level along with increasing investment. Simulation technology virtualizes product development processes to replace physical production and experimentation of products, dramatically reducing time and costs. In South Korea, the Korea Institute of Science and Technology Information (KISTI) has supported manufacturing companies for about 14 years by providing relevant technologies. This study uses the input-output table for the Bank of Korea to analyze the economic ripple effect. First, we identified the domestic industrial sector dealing with the supercomputing-based simulation industry. Then we analyzed its ripple effects by dividing them into the production inducement effect, value-added inducement effect, employment inducement effect, and forward/backward linkage effect. Consequently, when the supercomputing simulation budget of KISTI (28.3 billion won, 2007-2020) was set as an input coefficient, the analysis showed 45.1 billion won as the production inducement effect, 24.7 billion won as the value-added inducement effect, and 282 individuals per 1 billion won as the employment inducement effect. This study is significant in that it derived the effects of the inputs by analyzing the economic ripple effects of the projects of KISTI, which have been supporting South Korean manufacturing companies for the past 14 years with supercomputing-based simulations.

Strategic Considerations for Development of Gunsan(Saemangum) Port in terms of China (중국효과에 따른 새만금항만의 전략적 발전가능성 모색)

  • Yeo, Gi-Tae;Seo, Su-Wan
    • Journal of Korea Port Economic Association
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    • v.24 no.4
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    • pp.139-152
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    • 2008
  • China's rapid growth of economy and developing logistics facilities such as sea and air ports can give the good effects to increase the trade and logistics cargo volumes within Pan Yellow Sea Economic Bloc which consists of Korea, China, Japan and Russia. These phenomenon also stimulate the development of the West Coastal Integrated Belt in South Korea. In the past 20th century, South Korea's advanced and developed areas were located on the Kyeong-Bu Axis, the straight line of Seoul and Busan. However, due to the china's effect, this axis is moving into the West Coast area between Incheon (Seoul) and Mokpo, which is closely located to China. In this aspect, sea ports located in West Coast of Korea have shown the steep increase in container and non-container cargo volumes. With regard to the changing environments in sea ports, this paper's aim is to investigate the developing potential of Gunsan (Saemangum) area located on mid of West Coast. As results, targeted area have shown the potential in terms of port network, supply chain management and transferring location for container cargoes. Moreover, for implementing the suitable roles, construction of New Saemangun port, closely located in Gunsan port, is needed to overcome the limitations of Gunsan port.

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Water Resources Planning for the 2S River Basin in Viet Nam

  • Ko, Ick Hwan;Choi, Byung-Man;Kim, Jeong-kon;Pi, Wan-Seop;Shin, Jae-Sung
    • Proceedings of the Korea Water Resources Association Conference
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    • 2020.06a
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    • pp.78-78
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    • 2020
  • The Se San and Srepok river basins (2S) are the two major tributaries of the Mekong River, both of which originate in the territory of Viet Nam and flow to Cambodia to meet at Stung treng with the Sekong river (originating in Lao PDR) to form the 3S river basin before joining the Mekong mainstream. In the territory of Viet Nam, the 2S river basins are located in the Central Highlands including 5 provinces, arranged by geographical location from north to south namely Kon Tum, Gia Lai, Dak Lak, Dak Nong and Lam Dong. This is a region with a very important strategic position in terms of economy, politics and defense for the whole country with many potential advantages for economic development. However, the limited and vulnerable basin water resources are under the pressure of socio-economic development in line with increasing water demands for various sectors. In order to overcome the water management challenges, a long-term water resources planning has conducted to support the 2S River Basin Committee (RBC) in effective planning and operation as part of the WB Mekong-Integrated Water Resources Management (IWRM) Project. This paper introduces the outline and progress of the river basin planning using analytical DSS toolkits to analyze, evaluate and formulate the planning options.

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A Study on the Economic Validity of TSR Connecting TKR (TKR과 연계한 TSR의 경제적 타당성에 관한 연구)

  • Choi, Kyoung-Hoon;Park, Gyei-Kark;Lee, Roman R.;Yoon, Dae-Gwun
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.18 no.4
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    • pp.345-351
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    • 2012
  • The major trade area of the South Korea is divided into Asia, America and Europe. Generally, marine transportation is the main method of mass cargo transportation, but unlike others, rail transportation is available in the Europe area. Also, as a result of China's growth, South Korea's position as northeast Asia logistics hub has weakened. That is the reason why we need to pay attention to rail transportation, an alternative competitive structure. In accordance with this background, this study focuses on analyzing economic feasibility comparing transportation routes to Europe using Trans-Korea Railway and Trans-Siberia Railway. Factors of analysis are transportation distance, period, cost and additional cost As the result, considering economic feasibility, TKR-TSR route(Route1) is the best transportation approach for six routes. Therefore, using TKR-TSR railway will be the best way to increase nation's competitiveness, in response to Russia government's far-east development strategy.

Building of Group Program for Female Saeteomin's Early Settlement (새터민 여성의 조기 정착을 위한 집단프로그램 구축)

  • Lee, Seon-Pyo;Kouh, Hoon-Joon
    • Journal of Digital Convergence
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    • v.12 no.1
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    • pp.325-331
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    • 2014
  • Many saeteomins to settle in South Korea, are materially affluent capitalist countries entered South Korea, but they have not been able to adapt so easily the consumer market and economic activity. In particular, development and support training programs for female saeteomins, 69% of total saeteomins are needed. Therefore, we need to support job programs that they settle in Korea normally and can be a reasonable economic activity. But, we need to operate be the group program because only proceed to the general education program is not enough to settle into a stable. In this paper, we would like to propose a group program for job training and a budget for operating the program to easily settle female saeteomins in South Korea.

SOC Project Plans and Cultural Resource Management in the North Korean Region : Suggestions for Systematic Investigation and Management of North Korean Cultural Heritage (북한지역 SOC사업 구상과 문화유산 - 북한 문화유산의 효율적인 조사·관리를 위한 제언 -)

  • Kim, Beom-Cheol
    • Korean Journal of Heritage: History & Science
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    • v.52 no.2
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    • pp.4-19
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    • 2019
  • Despite continuous volatility in ideological leanings, South Korean governments, conservative or progressive, have published a series of plans for aiding the economic development of North Korea. The Moon administration's plan is the paragon of such efforts. In addition, recent detente between the North Korean regime and the US government evokes much hope in its success. There is, hidden behind the veil of hope, apprehension about the crisis of management of cultural heritage in the North Korean region. It is believed that development policies may overwhelm efforts at conservation of cultural heritage, in particular that the hurrying of development projects would provoke insufficient and inappropriate investigation of archaeological sites., If these problems arise, responsibility for their resolution would be carried by South Korean archaeologists and governmental institutes. This paper reviews what the South Korean government has suggested for North Korea's economic recovery and examines what capability the South Korean archaeology sector has for investigating North Korean cultural heritage. It then discusses the scale of investigation needed, and what should beused as precedent in planning substantial excavations when development projects are performed in the North Korean region. Constructing a digital map system for cultural heritage of North Korea is suggested as one of the most urgent tasks precedent to substantial excavations. It is of great importance because we do not currently have any substantial information about the locations and current condition of cultural heritage sites and artifacts in the North Korean region. The mapping of Bronze Age sites in North Korea, conducted as a sort of pilot test, revealed that archaeological sites are densely distributed in several regions, especially Hwanghae-do and Pyoyang Directly-Administrated City, and that there is high potential of discovering new sites.

The Strategies for Forming Governance System to Raise Industrial Competitiveness of Metal and Machinery Industrial Clusters in South-East Region, Korea (동남권 기계.금속산업클러스터의 광역적 지원체계 구축전략)

  • Kwon, O--Hyeok
    • Journal of the Economic Geographical Society of Korea
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    • v.9 no.3
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    • pp.297-317
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    • 2006
  • This article is aimed to find a more successful way to build a metropolitan-wide governance for enhancing industrial cluster in South-East region, Korea. We begin a research with reviewing a current study of regional cluster and its governance. New industrial system and agglomeration changed regional growth theory and urban system. In traditional system, a central city dominated economy of the metropolitan area. However, with development of new transportation and communication technology, a central city lost their superiority to suburban cities. In other words, growing competition between central and suburban cities changed traditional concentration and diffusion theory of urbanization which dominated urban geography for last decades. Next, current situation of development of industrial cluster in South-East region is examined to suggest policy for more competitiveness. South-East region has grown as the most prominent cluster of mechanical engineering and metal industry in Korea since the late 1970s. In the form of agglomeration and network of a specific and its related industry, South-East region has formed a linear industrial belt along with the inter-regional South Coast Highway and contain about ten industrial cities. Accompanying with this growing South-East region, a problem has risen from geographic mismatch between metropolitan-wide industrial cluster and its administrative boundary. Since industrial cluster has no specific administrative boundary, adequate government support for developing industrial cluster has not been provided. Responding to the problem, academics and policy makers maintain need in establishing a metropolitan-wide governance for supporting a cluster. At the end, this paper provides some implication to planners and policy makers.

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Economic Effects of South Korea's Smart Healthcare Industry (S-헬스케어산업의 경제적 파급효과 분석)

  • Ahn, Jeong-Min;Suh, Jeong-Kyo
    • The Korean Journal of Health Service Management
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    • v.11 no.2
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    • pp.55-64
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    • 2017
  • Objectives : Recently, concerns about the smart healthcare industry has increased worldwide. This study estimates the economic effects of the smart healthcare industry by employing input-output analysis. Methods : In this study, $29{\times}29$ sector statistics were also used as the major research method for the industry. The main analysis tools of this study, thus, included a comparison of backward and forward-linkage effects and the inducement effects of the own-industry and other industries, as well as inducement coefficients, including production, value-added, employee's pay, operating surplus, production tax, and employment. Results : The results of the analysis show that the industry has an immense economic impact, affecting major macroeconomic factors including value-added and forward - linkage effects. Additionally, the inducement effects of the smart healthcare industry are significant compared to other industries in terms of production, employee's pay, operating surplus, production tax, and employment. Conclusions : The smart healthcare industry is a growth engines for national development, because it is the industry of high value-added services. This paper offers alternatives for efficient industrial policies.

Development of a Joint University Campus as a Key Element in the Regional Innovation System in Sejong Tech Valley, South Korea

  • Lee, Seo-Jeong;Lee, Eung-Hyun;Oh, Deog-Seong
    • World Technopolis Review
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    • v.6 no.2
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    • pp.148-158
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    • 2017
  • Sejong City, which has been chosen as a new administrative capital of South Korea, has completed the first phase of its development plan with the construction of the facilities needed to accommodate central administrative organizations and the required accompanying population. Now, it is undergoing the second phase of development with a focus on strengthening the region's innovation capacity to catalyze endogenous development. The strategy for phase II is to establish a regional innovation system including building necessary infrastructure and attracting innovation agents such as universities, businesses, and research institutes. The first step for this is developing a research complex, tentatively named Tech Valley, that includes universities, research institutes, and businesses, and building infrastructure comprising a science complex, a knowledge industry center, and support facilities. Phase II of the city's development initiative includes the establishment of a joint university campus, which is to serve as a center to promote cooperation among industry actors, universities, and research institutes. The concept of a joint campus has been drawn from a need to enhance capacity for innovation and specialization in the region's industries and to maximize synergy among participating universities through the sharing of research equipment, facilities, and programs. The joint campus is expected to play a key role in creating an innovation system in the region by enhancing research capacity for strategic industries, cultivating highly skilled human resources, and leading industry-academia-research cooperation. In order to ensure the sustainable development of the new city, there is a growing need to have a main player in place that could lead the region's economic development. The joint campus will propel industrial specialization and serve as a catalyst to attract competent universities to the region. This paper will examine the concept, major functions, and the establishment and operation of the joint campus.

The Strategy for the Position and Development of the Land Logistics System of the Korean Peninsula (한반도의 동북아 육상물류체계 위상과 발전 전략에 관한 연구)

  • Kim, Hong-Seop
    • Journal of Korea Port Economic Association
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    • v.32 no.2
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    • pp.1-24
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    • 2016
  • Northeast Asia is changing rapidly, including becoming an increasingly important part of the world economy. Various logistical systems and networks are being established in this area, including South and North Korea, China, Japan, Russia, and Mongolia. Thus, a new systematic logistical network and development strategy is required. The division of the Korean peninsula has for a long time made the region ineffective in terms of land logistics. South Korea's connection to Eurasia is blocked by North Korea, which means it is essentially treated as an island. Furthermore, South Korea does not have an efficient logistics system or effective vision and strategy. Northeast Asia has the potential to be one of the largest economic communities in the world, similar to the EU and North America. Thus, a united Korea can play an important role as the land bridge of Northeast Asia and the logistical hub of the region. This study reviews the logistical position, tasks, and problems of the Korean peninsula and suggests a desirable development strategy and vision. Specifically, after examining the conditions for a land logistical system, focusing on railways, this study proposes several future-oriented development strategies and tactics that will position the peninsula as a logistical hub in Northeast Asia. We anticipate that this study will serve as the basis for future research that will investigate the topics presented here in more detail.