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Conference Paper
A Study on Manufacturing Business Innovation Method with Smart Factory Testbed
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- Authors
- Sujung Ha, Chaedeok Lim
- Issue Date
- 2015-11
- Citation
- International Conference on Computers, Communications and Systems (ICCCS) 2015, pp.1-2
- Language
- English
- Type
- Conference Paper
- Abstract
- Korean economy has fast grown with strong support of manufacturing business since 1970s. However, we now face the situation that traditional manufacturing business-centric growth is not available for the evolution of the Korean economy. Besides, we may experience difficulty in making economic growth potential strong as well as reinforcing competiveness due to aging of labors, reduction of population, and Productivity stagnant. In order to overcome emerging risks against manufacturing business, smart factory technology is appearing to organize factories adaptively depending on various demands such as reconfigurations of machineries, easy customizations of processes, realtime monitorings etc. Accordingly, we investigate recent research issues regarding the smart factory and political strategies.
- KSP Keywords
- Business innovation, Economic growth, Fast grown, Korean economy, Research Issues, Smart Factory, growth potential, innovation method