Publication:
Manufacturing Firm Diversification into Industry 4.0 Technologies: Evidence from Korea

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dc.contributor.authorWorld Bank
dc.date.accessioned2023-08-22T16:39:25Z
dc.date.available2023-08-22T16:39:25Z
dc.date.issued2023-08-22
dc.description.abstractThis report leverages patent data and relatedness analysis to identify the factors that affect the technological transition of firms toward industry 4.0 technologies by looking at the technological trajectories of Korean manufacturing firms. Based on a unique dataset of Korean manufacturing firms’ patents and their financial and market information, the research follows the Principle of Relatedness to trace a firm’s footprint in a technology space. The technology space can help identify how previously accumulated capability in firms can positively affect technological diversification and developing I4 technologies. The research further analyzes the impact of public R&D support in I4 technology development. The analysis finds that public support is relatively more effective for firms that possess low technological relatedness and less so for firms that already have accumulated related technologies. This research is expected to inform policy design supporting firm diversification towards I4 transition.en
dc.identifierhttp://documents.worldbank.org/curated/en/099903008172334837/IDU06e7d83d606099042e1096f10755e9a813eab
dc.identifier.doi10.1596/40246
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40246
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectI4T
dc.subjectINDUSTRY 4.0 TECHNOLOGIES
dc.subjectPRINCIPLE OF RELATEDNESS
dc.subjectTECHNOLOGICAL DIVERSIFICATION
dc.subjectPATENTS
dc.titleManufacturing Firm Diversification into Industry 4.0 Technologiesen
dc.title.subtitleEvidence from Koreaen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleManufacturing Firm Diversification into Industry 4.0 Technologies: Evidence from Korea
okr.date.disclosure2023-08-22
okr.date.lastmodified2023-08-21T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099903008172334837/IDU06e7d83d606099042e1096f10755e9a813eab
okr.guid099903008172334837
okr.identifier.docmidIDU-6e7d83d6-6099-42e1-96f1-755e9a813eab
okr.identifier.doihttp://dx.doi.org/10.1596/40246
okr.identifier.externaldocumentum34145040
okr.identifier.internaldocumentum34145040
okr.identifier.report184545
okr.import.id1557
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099903008172334837/pdf/IDU06e7d83d606099042e1096f10755e9a813eab.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryKorea, Republic of
okr.topicInformation and Communication Technologies::ICT Economics
okr.topicInformation and Communication Technologies::Information Technology
okr.topicIndustry::General Manufacturing
okr.unitEFI-EAP-FCI-Finance-1 (EEAF1)
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