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Tracking Convergence of Manufacturing and Service Sectors Toward i-fashion: A Case of Korea

i-fashion을 향한 제조업과 서비스업의 융합: 한국사례중심으로

  • Kim, Jun Mo (Dept. of Public Administration, KonKuk University) ;
  • Lim, Sung Uk (Dept. of Industrial Management & Engineering, Daejin University)
  • 김준모 (건국대학교 행정학과) ;
  • 임성욱 (대진대학교 산업경영공학과)
  • Received : 2021.11.24
  • Accepted : 2021.12.10
  • Published : 2021.12.31

Abstract

Purpose: One distinctive trend in the recent industrial and technological development has been the change in the structures of industries brought by information technology, boosting the productivity of different sectors. This relation has clearly opened a path for the fourth industrial revolution to reform numerous industrial sectors, including i-fashion sectors. Therefore, in this research, we would like to present the direction of the direction policy for the fusion of the manufacturing industry and the service industry of i-fashion. Methods: In this study, an empirical time series data analysis of machinery investment efficiency and capital investment efficiency of 43 industrial sectors in manufacturing and service was conducted to show their potential and ongoing convergence toward i-fashion. Results: Most impressive as a finding in this research was that those sectors previously underinvested due to a combination of technological and financial reasons found an exit for growth. In textile and apparel sectors, that could be the i-fashion. Conclusion: One strong implication of this study is that sectoral level convergence based on technology and industry is occurring, and i-fashion is one of the industrial convergence case to be observed.

Keywords

Acknowledgement

This work was supported by the Daejin University Research Grants in 2021.

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