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The 4th Industrial Revolution and R&D Policy

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  • Sung-Uk Park

    (KISTI)

Abstract

In this 4th Industrial Revolution, we are facing a range of new technologies that combine the physical, digital and biological worlds. These new technologies will impact all disciplines, economics and industries, and even challenge our ideas about what it means to be human. These technologies have great potential to continue to connect billions more people to the web, drastically improve the efficiency of business and organizations and help regenerate the natural environment through better asset management, potentially even undoing all the damage previous industrial revolution have caused. (Bernard Marr, 2016). And, More than 70% of South Koreans fear that the advent of the 4th industrial revolution will threaten their jobs. In this paper I studied about 4th Industrial Revolution. Especially I surveyed about between Industrial Revolution and R&D policy of Science & Technology.

Suggested Citation

  • Sung-Uk Park, 2017. "The 4th Industrial Revolution and R&D Policy," Proceedings of International Academic Conferences 5808251, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:5808251
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    File URL: https://iises.net/proceedings/33rd-international-academic-conference-vienna/table-of-content/detail?cid=58&iid=056&rid=8251
    File Function: First version, 2017
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    More about this item

    Keywords

    4th Industrial Revolution; R&D; S&T; Budget; Policy;
    All these keywords.

    JEL classification:

    • L88 - Industrial Organization - - Industry Studies: Services - - - Government Policy
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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