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...

Despite the increased interest in corporate environmental, social, and governance (ESG) management, which reflects social values within the business environment, discussions on ESG-related policies are limited in that they are overly focused on ESG reporting standardization.K-ESG should be...

This paper aims to identify the signs of insolvency or competitiveness in the multilayered structure of all industries and enterprises and in the integration method.From an industrial perspective, this paper identifies the spectrum of industrial competitiveness across all subsegments of the...

Korea’s industrial robot sector is now the world’s fifth-largest, aided by systematic and consistentgovernment policy over the past decade. It is still heavily reliant on imports for key parts however,and the industry is fragmented, consisting of many small and medium enterprises (SMEs) in...

The proportion of added value in Korean manufacturing has remained stable without major changes since the 1990s, and the same was true for the nation’s service sector in the 2010s. But the structural change index (SCI), which measures the vitality or dynamism of industry as a whole, shows that...

This report examines the place of China’s automobile industry in the global market and analyzes the recent, rapid increase in Chinese automobile exports. In addition, the implications carried by the rise of Chinese auto exports for the Korean automobile industry are identified and analyzed

The Korean economy faces serious difficulties in the global economic recession due to the COVID-19 pandemic (a global pandemic). The government is actively responding to COVID-19, including supporting emergency disaster subsidies for all citizens and promoting a Korean-style New Deal.In order to...

The Korean economy has seen a prolonged low-growth trend since 2000, and the employment elasticity of growth is slowing down as the industrial structure advances. As a result, the existing companies are not creating sufficient jobs while their restructuring has become frequent. There is a...

The KOSBIR program was introduced in 1998 by the Korean government. The year 1998 holds historical importance for SMEs in Korea. First, the Korean economy has faced the foreign exchange crisis from 1997. The strong movement of open economy since the mid-90s has become one of the main...

In Western countries, the monopoly of large companies has been deemed as posing a serious problem. The countries, however, have seldom encountered the friction between big corporations and SMEs. The issue has plagued South Korea throughout its economic advance during the past five decades. South...