What is the Right R&D Strategy for Overcoming the Difficulties of the South Korean IT Industry?

Abstract

This study proposes new strategies for the information technology (IT) industry in South Korea, provides objectives for the South Korean IT industry and articulates the roles of the Korean government agencies, companies and users. Specifically, it covers South Korean IT strategies employed during several periods, including a stagnant period and a more recent period reflecting new successful IT environments of developed countries. South Korean IT companies should recognize the importance of user interface and user experience technologies as a next key global IT industry trend. Raising this awareness is critical in increasing the global competitiveness of the Korean IT industry. Furthermore, South Korean government agencies should take more active role in constructing and improving interactive environments that would benefit both companies and users. For future research, it is imperative to investigate the specific roles of companies, users and government agencies with respect to IT usage.