Fourth Industrial Revolution and the Industrial Policy in Seoul


The goal of this research is to suggest Seoul’s industrial policies responding the 4th industrial revolution. In order to achieve this goal, representative domestic and foreign policies concerning the 4th industrial revolution are reviewed, the technological development path is forecasted based on the understanding of industrial structure of Seoul.

Various discussions about 4th industrial revolution are introduced. A group of authors including Eric Brinjolfsson, Andrew McAfee, Don Tapscott, Eric Schumidt and Jared Cohen are optimistic about the future as technology develops, while there are different groups of authors such as Nicholas Carr who warned the risk of highly developed information technology and Robert Solow who suggested ‘productivity paradox’. Despite this disagreement, most of the experts agree that the change of the global society driven by current technological innovation.

The city of Seoul has a service industry-oriented industrial structure. The fact that recently developed information technologies such as artificial intelligence and Internet of things are likely to be used firstly in the service industry, we can expect that Seoul will receive the influence of the fourth industrial revolution earlier.

As a result of the specialist survey, the 4th industrial revolution has positive effects such as increased convenience of life, quantitative and qualitative improvement of job, and provision of enterprise opportunities. However, polarization due to data and technology gap and the possibility of social and ethical problems are selected as negative effects of the revolution.

In conclusion, this study presents the following policy directions for Seoul. First, it is necessary to reform education policy including vocational education, talent education and new technology utilization education considering the 4th industrial revolution. Second, a new technology utilization policy is needed in the public sector. Third, it is necessary to improve the related legal system to cope with the fourth industrial revolution. Fourth, it is necessary to create a corporate ecosystem in harmony with competition policy that can check the market dominance of large corporations and various supports to promote start-up activities.




01 Introduction

1_Background and Purpose of the Study

2_Main Contents and Research Methods

3_The Meaning and Characteristics of the 4th Industrial Revolution


02 The Ability of Seoul’s Industry to Respond the ‘Revolution’


2_Comparison between Seoul and Korea in Industrial Structure

3_Service and Manufacturing Industries in Seoul



03 Policy Trends at Home and Abroad

1_Domestic Policy Trends

2_Overseas Policy-Focusing Germany and the US


04 Core Technologies of the 4th Industrial Revolution

1_Artificial Intelligence

2_Internet of Things



05 Forecasting Technological Development and Its Social Effect


2_Forecasting Technological Development

3_Social Effect

4_Industrial Effect and Policy Direction


06 Technology Development Path and Policy in Seoul

1_Technology Development Roadmap of 4th Industrial Revolution

2_Seoul’s Response to 4th Industrial Revolution





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