Technology foresight in Korea: a review of recent government exercises

JiHo Hwang (Korea Institute of Science and Technology Evaluation and Planning, Seoul, South Korea)
YoungJun Kim (Seoul National University, Seoul, Korea Texas A&M International University, Laredo, Texas, USA)
Soekho Son (Korea Institute of Science and Technology Evaluation and Planning, Seoul, South Korea)
Jongmin Han (Korea Institute of Science and Technology Evaluation and Planning, Seoul, South Korea)

Competitiveness Review

ISSN: 1059-5422

Publication date: 4 October 2011

Abstract

Purpose

Accurate and timely foresight of future trends and changes in science and technology (S&T) is a key to national competitiveness. The purpose of this paper is to describe recent technological foresight conducted by the Technology Foresight Center at the Korea Institute of Science and Technology Evaluation and Planning. The authors also address current issues and problems encountered in the process of technology foresight (TF) in Korea.

Design/methodology/approach

The authors used TF methodologies which included bibliometrics, expert panels, SWOT analysis, and conferences/seminars.

Findings

The authors derived 20 future issues and 40 future needs in S&T from the five areas of global mega trends; then 200 future technologies were suggested with a time horizon of 40 years, from 2010 to 2050, for solving those future issues and needs. Finally, the authors suggested outlooks for technological development in the years 2020 and 2050.

Research limitations/implications

It is time to evaluate Korean TF exercises which were started 15 years ago. The evaluation of TF will help guide TF and inform policy and decision makers.

Practical implications

The findings can help policy makers shape future governmental S&T policy in Korea. The final result of this work was applied to the second S&T Framework Plan in Korea, in which 90 technologies were identified as national key technologies for the next five years, from 2008 to 2012.

Originality/value

To the best of the authors' knowledge, there are no studies suggesting not only future technologies based on solving future issues and needs but also outlooks for technology development in the years 2020 and 2050.

Keywords

Citation

Hwang, J., Kim, Y., Son, S. and Han, J. (2011), "Technology foresight in Korea: a review of recent government exercises", Competitiveness Review, Vol. 21 No. 5, pp. 418-427. https://doi.org/10.1108/10595421111171920

Download as .RIS

Publisher

:

Emerald Group Publishing Limited

Copyright © 2011, Emerald Group Publishing Limited

Please note you might not have access to this content

You may be able to access this content by login via Shibboleth, Open Athens or with your Emerald account.
If you would like to contact us about accessing this content, click the button and fill out the form.
To rent this content from Deepdyve, please click the button.