Since the outbreak of the COVID-19 pandemic, the Chinese government has been focusing its efforts on fostering the digital economy by emphasizing digital technologies such as artificial intelligence, cloud computing, big data and 5G.President Xi Jinping stressed the need to expand artificial...

The Consumer Electronics Show in 2021 featured innovative products for the “changed-everyday” that is expected to characterize the post-COVID-19 world. Such products demonstrate that the so-called “digital transformation” is already well underway.AI is now a mandatory foundational...

This study takes a comprehensive look at the overall flexibility of regulatory governance in Korea, including the design, implementation, and monitoring of the many issues surrounding regulatory reform that stand in the way of innovation growth. Based on the findings of the analysis, the paper...

With the COVID-19 pandemic accelerating digital transformation, demand for 5G networks is soaring. 5G networks are an indispensable part of infrastructure supporting immersive content, self-driving technologies, the Internet of Things (IOT), remote services, and smart manufacturing....

Recently, interest in the expansion of the on-demand economy is increasing. The on-demand economy refers to a business relationship that provides goods and services at any time to meet the consumer’s needs. The emergence of the on-demand economy is based on the proliferation of mobile devices,...

The BSIs for the 1st quarter of 2014 indicate that the economic sentiment of manufacturing firms has worsened compared to the last quarter. The manufacturer’ assessment of business conditions has been below the baseline (100) since last year. Except for the ordinary profit (102), the BSIs on...

The industrial structure is constantly evolving due to supply-side factors such as technological advancement, the labor force, capital accumulation, and international competition as well as demand-side factors such as changes in consumer needs due to increased income levels, and industrial...

An online export market is growing rapidly around the world. Global consulting agencies estimate that the cross-border e-commerce market reached 578.5 billion USD in 2019 and will continue to record breakneck growth, potentially reaching 4.8 trillion USD by 2026. Driving this rapid growth is the...

Since most official estimates of major macroeconomic variables that market participants and policy makers keenly monitor in real time come out with significant publication lags, nowcasting literature especially targeted on key macro variables has trended over the recent years. Nowcasting refers...

This study focuses on the demand sector of smart factories, especially policies related to the introduction of smart factories by small and medium sized manufacturers. As will be explained later, discussions focusing on SMEs are important because the gap in capacity and resources between large...