• International Journal of Aerospace System Engineering
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• v.5 no.2
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• pp.1-7
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• 2018

This study examines the history of Korean aviation industry and presents the investment strategy based on the evidence and the 4th industrial revolution. Looking at the evolution of the Korean aviation industry and its technological development will be a great help to support industrial and technological innovation in the future. The modern aviation industry is divided into stages of development, focusing on maintenance of equipment introduced in advanced countries, localization through license assembly, production of products based on technology, and international joint development. The development of aeronautics technology has been progressing towards a general improvement of economic efficiency, aircraft safety efficiency through environmental-friendliness, unmanned operation, and downsizing. The Korea Aerospace Research Institute has secured key technologies through development of several aircrafts such as Experimental Aircraft Kachi, EXPO Unmanned Airship, Twin-engine Composite Aircraft, Canard Aircraft, Multi-Purpose Stratosphere unmanned-airship, Medium Aerostats, Smart UAV, Surion, EAV-2H, KC-100, and OPV. The development strategy is discussed at the level of the evidence-based investment strategy that is currently being discussed, and so the investment priorities in aircraft is high. Current drone usage and development direction are not only producing parts using 3D printer, but also autonomous flight, communication (IoT, 5G), information processing (big data, machine learning). Therefore, the aviation industry is expected to lead the fourth industrial revolution.

• Asian Journal of Innovation and Policy
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• v.8 no.2
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• pp.288-301
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• 2019

This paper aims to link the basic structure of the revolution to skill needs and further to education, although there are risks of thin discussion in each domain. Many writings describe or analyze the job characteristics related to the $4^{th}$ Industrial Revolution without discussing the interlinkage of the revolution. It attempts to give better understanding the whole features of the revolution and further discuss about challenge for innovative HRD. It overviews the technological competition in the $4^{th}$ IR, the change of work with skills need and the new labor and the change of education focusing on new competence. After that, it brings the challenges for innovative HRD.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.16 no.6
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• pp.157-175
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• 2021

This study categorized 3,214 companies out of the tech firms supported by the Korea Technology Finance Corporation's "technology guarantee scheme" through technology assessment from 2017 to 2019 into Fourth Industrial Revolution-related companies and general SMEs. The impact of the management characteristics of these 1,752 tech firms on the determination of high-growth firms was then empirically analyzed. This study used the OECD(2007) definition to define a "high-growth firm" as "an enterprise with average revenue growth greater than 20% per annum, over a two-year period." As the two sample groups showed non-normal distribution, this study conducted the Mann-Whitney U test, a nonparametric test, to analyze the mean differences and bivariate logistic regression in which the normality assumption is less stringent. The independent variables include fundamental characteristics; a regional dummy; a technological level dummy; and the capabilities of company representatives, human capital, and technological innovation. The corresponding sub-variables are representatives' level of education and experience in the same industry, full-time workers, research personnel, the extent of intellectual property rights, investment in research and development, firm age, total assets, region_metropolitan area, region_central region, technological level_high technology, and technological level_medium technology. As a result, the research hypothesis about representatives' level of experience in the same industry, full-time workers, total assets, and technological level_high technology was supported for the Fourth Industrial Revolution-related companies. For the general SMEs, the research hypothesis about representatives' level of experience in the same industry, research personnel, total assets, and region_metropolitan area was supported.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.9
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• pp.309-316
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• 2022

In 2011, the 4^th industrial revolution officially occurred and developed in most countries. The fourth industrial revolution has given organizations numerous business opportunities, enabling them to optimize their manufacturing processes, cut costs, and thereby improve their operations. The development of enterprises is a decisive factor in increasing national productivity, thereby improving economic growth and per capita income. Therefore, it is necessary to grasp the digital transformation plan and apply science and technology to domestic enterprises and improve the operational efficiency of the economy. Research on small and medium enterprises in Hanoi, Vietnam, which is considered a successful country in economic development and digital transformation and has become a middle-income economy and a highly open economy, the research results suggest that the ability to apply technology in businesses is capable of improving corporate financial performance. The choice of capital structure favoring debt has a negative effect on the financial performance of the enterprise; that is, enterprises in Vietnam should limit the choice of financing investment projects with debt, on the contrary, enterprises should choose to finance with equity. Finally, the study also discusses managerial implications for improving business performance in the context of the rapidly evolving 4.0 technology revolution.

• Journal of Digital Convergence
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• v.21 no.3
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• pp.41-48
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• 2023

As the 4th Industrial Revolution accelerates, the future of the economy faces new uncertainties, particularly around digital transformation. This shift is crucial in today's ICT-centric world. Korea, a significant contributor to global Manufacturing Value Added (MVA), is poised to expand its share. This paper examines Korea's digital transformation and its global economic competitiveness. By referencing world-renowned analyses, it compares Korea's competitive stance. As industries and economies are on the verge of a technological upheaval, understanding and preparing for these changes is vital for maximizing benefits. This paper also delves into the opportunities and policy challenges presented by digitization in the 4th Industrial Revolution era.

• Journal of Science and Technology Studies
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• v.17 no.2
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• pp.41-79
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• 2017

The fourth industrial revolution, which is all the rage in recent years in South Korea, comes from Klaus Schwab's book. Schwab claims that recent rapid technological innovation has inevitably determined the future of our society, and regulations on related policies need to be relaxed. The debate on the Fourth Industrial Revolution in the Korean society is also centered on deregulation policies. In particular, it is strongly argued that personal data protection regulation should be relaxed in a big data environments. The Science and technology studies has long criticized technological determinism. The future of technology can be changed by the will of regulatory authorities and the intervention of civil society. In this article, the author examines various discussions at home and abroad around the deregulation of data protection, including de-identification of personal data. Through this, the author criticizes the way of accepting the fourth industrial revolution theory, and draw its implications for the Korean society.

• International Journal of High-Rise Buildings
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• v.12 no.4
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• pp.343-350
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• 2023

With the advent of the recent Fourth Industrial Revolution, efforts are vigorously underway to comprehend the new paradigm of Construction 4.0, following in the footsteps of Industry 4.0, and to establish novel production systems. The necessity and significance of technological advancements in the field of construction automation and robotics, a pivotal component for Construction 4.0, are being emphasized. This paper aims to discuss the concept of construction automation and robotics, encompassing its past, present, and future prospects. Particularly, it reviews the six relevant papers featured in the June 2022 special issue of IJHRB, along with discussions on the integration of cutting-edge ICT technologies and R&D in the realm of automation and robotics. With the progression of ICT technology, the domain of construction automation and robotics is anticipated to play a substantial role in the realization of Construction 4.0 and smart construction through more dynamic convergence in technological development.

• Journal of Distribution Science
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• v.20 no.8
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• pp.115-121
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• 2022

Purpose: This article aims to explore the distribution of technological innovation and environmental policy challenges to respond to COVID-19. The study also attempts to tackle a paradigm shift in science and technology policies against the pandemic and a desirable direction for environmental policies. The COVID-19 pandemic has been the one that rapidly changed global people's lifestyle. For the spread of a terrible infectious disease could not be avoided, regardless of a highly industrialized society. Research design, data and methodology: This study basically employs a qualitative approach as a methodology. This study is based on the fact that environmental pollution, various natural disasters continuously occur, and there are many unforeseeable parts, despite remarkable development of scientific technology, and that the circumstances are becoming more complex. Results: This study noted that scientific technology civilization formed due to industrial revolutions can deteriorate environment and increase environmental threat factors. As an alternative to this, this study investigates alternative discussions on how the 4th Industrial Revolution can help scientific technology and human environment to harmoniously coexist and develop. Conclusions: It implies that this study focuses on the possibility of overcoming this crisis through science and technology innovation, although mankind is in crisis of COVID-19 due to excessive human development.

• Asian Journal of Innovation and Policy
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• v.10 no.3
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• pp.380-403
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• 2021

Recently, smart factories have gained significant importance since the development of the fourth industrial revolution and the rise of global industrial competition. Therefore, the industries' survival to meet the global market trends requires accurate technological planning. Although, different works are available to investigate forecasting technologies and their influence on the smart factory. However, little significant work is available yet on the analysis of technological trends concerning the smart factory, which is the core focus herein. This work was performed to analyze the technological trends of the smart factory, followed by a detailed investigation of recent research hotspots/frontiers in the field. A well-known topic modeling technique, namely Latent Dirichlet Allocation (LDA), was employed for this study described above. The technological trends were further strengthened with the in-depth analysis of a smart factory-based case study. The findings produced the technological trends which possess significant potential in determining the technological strategies. Moreover, the results of this work may be helpful for researchers and enterprises in forecasting and planning future technological evolution.

• Asian Journal of Innovation and Policy
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• v.6 no.3
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• pp.245-261
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• 2017

As of the end of August 2017, there were 392 academic articles for $4^{th}$ Industrial Revolution in Korea. Is the vigorous discussion on the 4th Industrial Revolution in Korea normal? We checked the main theories on this topic by existing theories and responses of major countries and industries. The findings are that there are technologies called a Technological Revolution, and the industrial application of some technologies is in the starting stage. If comes, the Industrial Revolution is expected with the structure as follows: excellence science, core technologies, base technologies, application and infrastructure, and institutions. Nonetheless, the brisk studies are from three branches such as the Industry 4.0, social connection and artificial intelligence. The Industry 4.0, the digital transformation of manufacturing is the on-going issue in the industry, and artificial intelligence brings the biggest discourse. The 392 literature are mostly from introduction and preparation for future; technology 15.8%, industry 26.3%, society 24.5%, education 19.1%, policy 10.7%. The labor and employment is only 3.6%.