A Study on the Fourth Industrial Revolution and Start-Up in Korea

Abstract

Although there is a lot of controversy about the reality of the Fourth Industrial Revolution, it has a characteristic of changing into a more interconnected and more intelligent society based on hyper connectivity, super intelligence and fusion. This is expected to have a significant impact on the overall ecosystem of the industry. Major developed countries such as USA, Germany, and Japan are already pursuing strategies and systems to respond to the fourth industrial revolution, focusing on Information & Communication Technology and manufacturing convergence. There is no doubt that these technologies are driving change in the present and future at a rapid pace. There is also a growing interest in start-up that are leading innovation in technology related to the Fourth Industrial Revolution. In fact, the total investment in start-up has been decreasing since 2015, but investment in start-up, which have the leading technology to lead the fourth industrial revolution, is renewed every year worldwide. Tech companies such as Coca-Cola and Johnson & Johnson, as well as IT-related big businesses  such as Google and Apple, are actively investing in and conducting M & A activities. Therefore, it is time to find a way to start a business that will lead the fourth industrial revolution, which will be a future innovation resource.