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Title 「How Will We Nurture Innovative Economic Ecosystem to Improve Industrial Competitiveness?」(Ⅰ)
Date 2019-09-02 Hit 907  

How Will We Nurture Innovative Economic Ecosystem to Improve Industrial Competitiveness?()

- Seminar on ‘Global Battle over Industrial Hegemony and Ways for Korea to Bolster Technology Dominance’



On Thursday, August 1, 2019, a seminar was held at the Korea Chamber of Commerce and Industry building, Seoul to discuss about ‘Global Battle over Industrial Hegemony and Ways for Korea to Bolster Technology Dominance’ under the main theme of 'How Will We Nurture Innovative Economic Ecosystem to Improve Industrial Competitiveness?'(I). The seminar was arranged amid Japan's export restrictions since July 4, 2019 and further curbs to come in order to come up with measures to nurture Korea's innovative economic ecosystem as a means of reinforcing the nation's industries including parts and materials industry.

The seminar, which was hosted by the National Research Council for Economics, Humanities and Social Science (NRC Korea)/the National Research Council of Science & Technology (NST), and organized by the Science and Technology Policy Institute (STEPI)/the Korea Research Institute of Chemical Technology(KRICT), started with the opening speech by Dr. Kyeong-ryung Seong, chairman of the NRC Korea and the congratulatory speech by Dr. Kwang-yun Won, chairperson of the NST before presentations on three topics and panel discussion.

The first presentation themed on "Korea's Technology Competitiveness: Measures to Overcome the Vulnerability in Parts & Materials Sector" was delivered by Dr. Yong-seok Kim, head of Advanced Functional Polymer Research Center of KRICT. According to his diagnosis, Korea's overall industry is subordinated to Japanese chemical materials because Japanese companies maintain monopolistic market dominance and standard barrier. Also, Korean companies have hesitated to invest in R&D as it takes time and money. That is why he called for more multi-faceted countermeasures including ways to apply Korean resist, response to the restrictions in cooperation with the US, sourcing diversification, and securing independent production system. He also emphasized the role of government-funded research institutions to be expanded to the development of materials and common technology.

The second presentation on "Ways for Win-Win Cooperation between Large Companies and SMEs" was offered by Mr. Shin-wook Kook, head of Planning and Coordination Division of the KOFCA, who highlighted the need of developing our own chemical material and begging the home production of such material. He said the win-win cooperation ecosystem for large companies and SMEs would be the solution. For more detailed strategy, he proposed the year-round operation of Consultative Counsel of Commissioned Enterprises, where large companies and their 1st, 2nd, and 3rd partners can jointly develop technology, and requested the government and large companies to play more roles when it comes to technology, legal issues, funding, marketing, and compensation of new material development.

In the third presentation, Dr. Tae-jeong Ha, vice president of Science and Technology Policy Institute (STEPI) talked about "Securing Technical Leadership for Korea's National Competitiveness". He mentioned that what brought the export restrictions is Japan's feeling of threat as the national competitiveness gap between Korea and Japan has been narrowed, while on the surface the restrictions came from political and diplomatic affairs. He added that, against this backdrop, we should strengthen the management system of strategic core materials while encouraging innovative public purchase in the short-term. In the mid- and long-term, he proposed expanding basic research as well as more challenging research, bolstering root industries, and upgrading the national innovation system.

The presentations were followed by a panel discussion moderated by Dr. Byeong-hwan Hyun, president of the Korea Technology Innovation Society. The panel members were Mr. Chang-ho Yang, president of the Korea Maritime Institute, Dr. In-ho Kim, visiting research fellow of STEPI, Mr. Ji-pyeong Lee, senior research fellow of LG Economic Research Institute, Dr. Seok-in Jang, senior researcher of the Korea Institute for Industrial Economics & Trade, Mr. Joo-young Lee, head of IT, Medicine, Science Desk of Yonhap News, Mr. Jeong-cheol Jeon, head of R&D Strategy Team of the National Research Council of Science & Technology (NST), Mr. Do-geun Kim, head of Research Planning Coordination Division of the Korea Institute of Materials Science (KIMS).

The seminar was attended by Dr. Hwang-hee Cho, president of STEPI, as well as other heads of government-funded research institutions including Dr. Dae-hee Kim, president of the Korea Information Society Development Institute (KISDI), Dr. Yoo-chan Kim, president of the Korea Institute of Public Finance, Dr. Seong-ho Ahn, president of the Korea Institute of Public Administration, Dr. Je-yong Yoon, president of the Korea Environment Institute (KEI), Dr. Kyoo-sik Bae, president of the Korea Labor Institute, Dr. Byeong-seong Kwak, president of the Korea Institute of Energy Research (KIER), and Dr. Myeong-joon Kim, president of the Electronics and Telecommunications Research Institute (ETRI) to discuss ways to foster an innovative economic ecosystem in order to strengthen the competitiveness of our industries, including the parts and materials industry.