Manufacturing Digitalization in the U.S. and its Policy Implications for Korea

The purpose of this report is twofold. First, to describe the digitalization of modern manufacturing and U.S. businesses' adoption of digital technologies and identify the implications for policy carried by these trends. And second, to provide recommendations for competition policy in Korea informed by business and policy experiences of technologically advanced countries.The work suggests the following specific policy recommendations targeting the Korean manufacturing sector:SMEs digitalization support programs, funding to equipment and technology upgrades, public-private partnership for digital manufacturing, cybersecurity, digital manufacturing supply chains, capital access for digital innovation, and digital manufacturing skills/education