Sustainable Smart Cities and Industrial Ecosystem: Structural and Relational Changes of the Smart City Industries in Korea

This paper examines the changing industrial ecosystem of smart cities in Korea using both input–output and structural path analysis from 1960 to 2015. The industry type of the input–output tables used in the Bank of Korea was reclassified into nine categories: Agriculture and Mining, Traditional Man...

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Main Authors: Sung-Su Jo, Hoon Han, Yountaik Leem, Sang-Ho Lee
Format: Article
Language:English
Published: MDPI AG 2021-09-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/13/17/9917
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spelling doaj-5643182dbb164540a83bd394f75146a92021-09-09T13:58:54ZengMDPI AGSustainability2071-10502021-09-01139917991710.3390/su13179917Sustainable Smart Cities and Industrial Ecosystem: Structural and Relational Changes of the Smart City Industries in KoreaSung-Su Jo0Hoon Han1Yountaik Leem2Sang-Ho Lee3Department of Urban Engineering, Hanbat National University, Daejeon 34158, KoreaSchool of Built Environment, Faculty of Arts, Design & Architecture, University of New South Wales, Sydney, NSW 2052, AustraliaDepartment of Urban Engineering, Hanbat National University, Daejeon 34158, KoreaDepartment of Urban Engineering, Hanbat National University, Daejeon 34158, KoreaThis paper examines the changing industrial ecosystem of smart cities in Korea using both input–output and structural path analysis from 1960 to 2015. The industry type of the input–output tables used in the Bank of Korea was reclassified into nine categories: Agriculture and Mining, Traditional Manufacturing, IT Manufacturing, Construction, Energy, IT Services, Knowledge Services, Traditional Services and other unclassified. The paper identified the changing patterns of an industrial ecosystem of smart cities in Korea. The study found that smart industries such as smart buildings and smart vehicles are anchor industries in Korean smart cities, and they are positively correlated with three other industries: IT Manufacturing, IT Services and Knowledge Services. The results of the input–output and structural path analysis show that the conventional industrial structure of labor-intensive manufacturing and diesel and petroleum cars has been transformed to the emerging high-tech industries and services in smart cities. Smart industries such as IT Manufacturing, IT Services and Knowledge Services have led to sustainable national economic growth, with greater value-added than other industries. The underlying demand for smart industries in Korea is rapidly growing, suggesting that other industries will seek further informatization, automatization and smartification. Consequently, smart industries are emerging as anchor industries which create value chains of new industries, serving as accelerators or incubators, for the development of other industries.https://www.mdpi.com/2071-1050/13/17/9917smart citysmart city industryindustrial ecosysteminput–output analysisstructural path analysis
collection DOAJ
language English
format Article
sources DOAJ
author Sung-Su Jo
Hoon Han
Yountaik Leem
Sang-Ho Lee
spellingShingle Sung-Su Jo
Hoon Han
Yountaik Leem
Sang-Ho Lee
Sustainable Smart Cities and Industrial Ecosystem: Structural and Relational Changes of the Smart City Industries in Korea
Sustainability
smart city
smart city industry
industrial ecosystem
input–output analysis
structural path analysis
author_facet Sung-Su Jo
Hoon Han
Yountaik Leem
Sang-Ho Lee
author_sort Sung-Su Jo
title Sustainable Smart Cities and Industrial Ecosystem: Structural and Relational Changes of the Smart City Industries in Korea
title_short Sustainable Smart Cities and Industrial Ecosystem: Structural and Relational Changes of the Smart City Industries in Korea
title_full Sustainable Smart Cities and Industrial Ecosystem: Structural and Relational Changes of the Smart City Industries in Korea
title_fullStr Sustainable Smart Cities and Industrial Ecosystem: Structural and Relational Changes of the Smart City Industries in Korea
title_full_unstemmed Sustainable Smart Cities and Industrial Ecosystem: Structural and Relational Changes of the Smart City Industries in Korea
title_sort sustainable smart cities and industrial ecosystem: structural and relational changes of the smart city industries in korea
publisher MDPI AG
series Sustainability
issn 2071-1050
publishDate 2021-09-01
description This paper examines the changing industrial ecosystem of smart cities in Korea using both input–output and structural path analysis from 1960 to 2015. The industry type of the input–output tables used in the Bank of Korea was reclassified into nine categories: Agriculture and Mining, Traditional Manufacturing, IT Manufacturing, Construction, Energy, IT Services, Knowledge Services, Traditional Services and other unclassified. The paper identified the changing patterns of an industrial ecosystem of smart cities in Korea. The study found that smart industries such as smart buildings and smart vehicles are anchor industries in Korean smart cities, and they are positively correlated with three other industries: IT Manufacturing, IT Services and Knowledge Services. The results of the input–output and structural path analysis show that the conventional industrial structure of labor-intensive manufacturing and diesel and petroleum cars has been transformed to the emerging high-tech industries and services in smart cities. Smart industries such as IT Manufacturing, IT Services and Knowledge Services have led to sustainable national economic growth, with greater value-added than other industries. The underlying demand for smart industries in Korea is rapidly growing, suggesting that other industries will seek further informatization, automatization and smartification. Consequently, smart industries are emerging as anchor industries which create value chains of new industries, serving as accelerators or incubators, for the development of other industries.
topic smart city
smart city industry
industrial ecosystem
input–output analysis
structural path analysis
url https://www.mdpi.com/2071-1050/13/17/9917
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AT hoonhan sustainablesmartcitiesandindustrialecosystemstructuralandrelationalchangesofthesmartcityindustriesinkorea
AT yountaikleem sustainablesmartcitiesandindustrialecosystemstructuralandrelationalchangesofthesmartcityindustriesinkorea
AT sangholee sustainablesmartcitiesandindustrialecosystemstructuralandrelationalchangesofthesmartcityindustriesinkorea
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