International Conference on Growth Engines of Korea ... 1 WELCOMING MESSAGE／환영의 말씀 ... 1 PROGRAM／프로그램 ... 3 윤진식, 산업자원부 장관, 개회사 ... 7 Yoon Jin-Sik, Opening Remarks ... 8 John Naisbitt, Congratulatory Remarks ... 10 노무현 대통령, 기조연설 ... 13 Roh Moo-hyun, Keynote Speech ... 20 Session Ⅰ ... 29 John Naisbitt, Megatrends and Engines of Growth ... 29 1. Continue to promote entrepreneurship ... 30 2. Push hard for more privatization ... 31 3. Develop your own global brands ... 31 4. Reduce labor content ... 33 5. Openness to foreign talent(And I do notice that you have many foreign speakers at this conference) ... 34 6. Travel and tourism ... 35 7. Imitate Nature : Self Organize ... 36 8. Education should South Korea's Number One economic priority ... 38 9. China ... 39 10. Corporate Social Responsibility ... 40 Guy Sorman, Opening Statement : Megatrends of the World Economy ... 43 1. Prediction is not a science but an art ... 43 2. SARS as a symbol ... 44 3. Towards an open education ... 44 4. Culture in the global competition ... 45 5. How to build a Korean cultural added value? ... 46 6. How can Korean culture be promoted? ... 47 7. Concluding remarks ... 47 Robert J. Gordon, U.S. Economic Growth : Looking Far into the Future ... 49 Paul M. Romer, The Korean Response to Trends in the World Economy ... 52 Yoon-shik Park, Megatrends of the World Economy : Implications for the Korean Economic Strategy ... 56 Taeho Bark, Megatrends of the World Economy : A Comment ... 72 Session Ⅱ ... 75 Jung Gu Park, Potential Growth Engines of Korea ... 75 Ⅰ. Background ... 75 Ⅱ. Korea's Next Generation Driving Engines ... 77 1. The Competitive Edge of Korean Manufacturing Industry ... 77 2. Position of Korean Industry in the World Industrial Landscape ... 82 3. Challenges facing Korean Industry ... 91 4. Changes in Internal and External Economic Environment ... 96 5. Necessities to Seek Next Generation Growth Engines ... 101 Ⅲ. Identifying the Strategic Group of Next Generation Growth Engine ... 102 1. Definition of next generation growth engine strategic group ... 102 2. Criteria for identifying next generation growth engines ... 103 3. Types of Next Generation Growth Engines ... 105 4. Establishment of Next Generation Growth Engine Group ... 106 Ⅳ. Growth Factors and Setbacks ... 110 Ⅴ. Vision for the Development of Next Generation Growth Engines ... 114 Ⅵ. Development Strategies for Next Generation Growth Engines ... 118 1. Development strategies by industry types ... 118 2. Policies to identify growth engines ... 119 Jean-Claude Berth<?import namespace ... m ur 1. Introduction ... 126 2. Assessment of aggregate growth progress achieved so far ... 127 3. Identification of potential new "growth engine" : the need to further diversify the economy ... 134 4. Conclusion ... 142 Scott Stern, Innovation, Reform, and the Korean Growth Challenge ... 144 Yoshio Nishi, Potential Growth Engines of Korea : A Comment ... 150 Sun Wook, Potential Growth Engines of Korea ... 154 1. The Importance of the Potential Growth Engines in Next Generation ... 154 2. Practical Implications of the Potential Growth Engines in Next Generation ... 155 3. The Role of the Government ... 157 Session Ⅲ ... 159 Suk-In Chang, Next-Generation Growth Engines and Development Strategies for Korea's Main Industries ... 159 Ⅰ. Introduction ... 159 Ⅱ. Current Status and Structural Problems of the Main Industries ... 160 1. Current Status of the Main Industries ... 160 2. Structural Problems and Setbacks for the Main Industries ... 163 3. Implications ... 164 Ⅲ. Main Industries' Next-Generation Growth Sectors and Vision ... 166 1. Theoretical Background ... 166 2. Next-Generation Growth Engines & Technologies in the Main Industry ... 169 3. Vision for Main Industries based on Next-Generation Growth Sectors ... 174 4. Long-Term Prospects and Roles of Key Industries ... 175 Ⅳ. Environment & Strategy for Development of the Next-Generation Sectors ... 178 1. Environment for Development ... 178 2. Strategy for Development for the Next-Generation Sectors ... 182 Ludwig Walz, Main Industries : A Comment ... 188 1. Korea's Automobile Industry ... 188 2. Trends in Automotive Technologies ... 189 Yuji Furukawa, Main Industries : A Comment ... 193 Young Won Chang, Main Industries : A Comment ... 198 Doug-young Joo, Innovation of Major Manufacturing Industries Based on R & D ... 202 Session Ⅵ ... 207 Kyeung-hak Seo, Next-Generation Growth Engine of Future Industries ... 207 Ⅰ. State of the Future of Industries both at Home and Abroad ... 207 Ⅱ. Barriers to the Development of Future Industries ... 208 Ⅲ. Development Vision of Future Industries ... 209 1. Exploration into Promising Areas ... 209 2. Development Vision of the Future Industry ... 211 Ⅳ. Development Strategy : Industry by Industry for Next-generation Growth engine ... 212 1. Smart Home Industry ... 212 2. Digital Appliance Industry ... 215 3. Post-PC Industry ... 217 4. Non-Memory(SoC) Industry ... 219 5. NIT Component and Materials Industry ... 221 6. BIT New Technology Industry ... 223 7. Electronic Medical Equipment Industry ... 225 8. Bio-Industry ... 227 9. Environmentally-Friendly Energy Industry ... 229 10. Aerospace Industry ... 231 Ⅴ. Expected Result from the Growing Industry of the Future ... 233 Hans-G<m:math xmlns ... '"htt 1. Biotechnology is the Key Discipline for Quality in Life ... 236 2. The Magic Words in getting a Lead ... 236 3. Rely on Your Traditions and Team-up ... 237 4. Future Products in the Health Market ... 238 5. Maintain your traditions ... 239 Sandip Tiwari, Nanotechnology : Future Growth Engines ... 241 Eli Opper, Future Technologies and Growth Engines - Israel as a Case Study ... 243 Kyu Yong Choi, Future Industries : A Comment ... 246 1. Introduction ... 246 2. Some observations ... 246 3. Meeting the barriers and challenges ... 250 Session Ⅴ ... 257 Moon Mo Goo, New Growth Engines : The Service Industry in the Korean Economy ... 257 Ⅰ. Reconfiguring Industrial Structure ... 257 1. The Structure of Korean Industries ... 259 2. Need to Turn Service Industry into New Engine of Growth ... 261 Ⅱ. Current Status of and Setbacks for the Korean Service Industry ... 266 1. Current Circumstances of the Service Industry ... 266 2. Setbacks ... 269 Ⅲ. Vision for Korea's Service Industry ... 270 1. Growth of Manufacturing and Service Industries in a Virtuous Cycle ... 270 2. Remarkable Growth of Knowledge-Based Service Industry ... 272 Ⅳ. To Turn Korea's Knowledge-Intensive Service Industry into Growth Engine ... 278 1. Promote Competition and Reform Regulation ... 279 2. Develop and Utilize New Technologies ... 280 3. Ensure Service Industry-Friendly Systems and Institutions ... 280 4. Comprehensive Policy for Human Resources Development ... 281 5. Aggressive Participation in International Cooperation Projects ... 282 Scott Ross, The Next Wave ... 285 Robert D. Weaver, Information and the New Economy : Implications for Service Sector Led Growth in Korea ... 288 Keum Ryong Lee, New Trends in the Service Industry and Future Development ... 295 Yeon-Hee Kim, Service Industries ... 298 Session Ⅵ ... 305 Duck-Soo Han, Closing Remarks ... 305 Appendix : Speakers ... 309