Innovation Lab and

Industry 4.0

14th INSME Annual Meeting, Brussels, 17 – 18 May 2018

Dr. Su-Hyun Berg

Senior advisor Korea Chamber of Commerce and Industry (KCCI)

Korea Energy Economics Institute (KEEI)

Industry 4.0

• 4th Industrial Revolution • Digital Technology + Manufacturing Industry • Internet of Things (IoT), cloud computing, data integration,

advanced robotics and artificial intelligence, sophisticated sensors, cloud computing, data capture and analytics, and digital fabrication

• Speed, agility and scale.

Su-Hyun Berg 2

Open innovation for industry 4.0

Source: www.openinnovation.eu, Chesbrough 2006 Su-Hyun Berg 3

Technology Acquisition & Exploitation

4 Su-Hyun Berg

Innovation Lab

Su-Hyun Berg 5

Innovation Lab

Ideation Creativity

Prototyping R&D/product development

Operations Process development

Commercializing Business modeling

External stakeholders

Strategy and organization

Innovation-focus Entrepreneurship-focus

Source: Brem & Kleine (2015)

Su-Hyun Berg 6

Innovation Lab

Su-Hyun Berg 7

Innovation Lab for industry 4.0 -Korea SEOUL SOCIAL ECONOMY TECH LAB

Su-Hyun Berg 8

SEOUL SOCIAL ECONOMY TECH LAB

• Spaces for young startups and makers • Location: Seoul electronics industry hub (1,600

businesses) 7 buildings lined up extending for a total of 1km

• Incubate, educate and support manufacturing activities

Su-Hyun Berg 9

Techniques of master craftsmen

Creativity of startups

4th industrial revolution

SEOUL SOCIAL ECONOMY TECH LAB

Su-Hyun Berg 10

Innovation Lab and industry 4.0 in Korea

Su-Hyun Berg 11

• IoT experiments, creative development activities, manufacture and commercialize products.

• Examples: smart medical devices and drones

Status of Korean SMEs

Su-Hyun Berg 12

Suggestions

• Korea:1st on the Bloomberg Global Innovation Index 2018 for five years in a row

• Korea = global innovation leader (ICT platforms, process innovation, ICT convergence bio, finance, logistics, tourism and culture)

• The Ministry of SMEs and Startups(MSS) • Cooperation with Korean SMEs!

Su-Hyun Berg 13