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General Research

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RESEARCH

A development strategy for logistics ICT convergence startups aims to secure a new growth engine of Korea
  • Date

    December 31 2015

  • Page(s)

    page(s)

#ICT convergence logistics start-up #start-up #start-up ecosystem #start-up support system #logistics
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If ICT fusion of the industry, such as product, service sectors, acts lively, it can work as a new vitality of industry and economic development. A representative case is the new businesses that came up as mobile devices were introduced to commercial transaction and logistics service. Appearance of e-commerce based low cost high efficient business models such as mobile payment and overseas direct purchase, those that didn't exist in the past, is causing revolution among the distribution industry and logistics industry. Due to collapse of the wall between logistics and distribution, as new businesses came up, governance problem henceforth between the logistics sector and distribution sector is emerging as a major problem. Also as situations that existing systems cannot regulate and clashes against existing systems happen, legal systems are becoming to exist in name only. Therefore it is necessary to establish policies to systematically foster and support start-ups, those that are newly rising through recent concept definition and typing about ICT fusion logistic start-ups. The start-ups, as a new growth power, should be assisted to work free within the system and derive creation of employment and reinvesting chances. This study, basing on domestic and foreign logistics start-up case studies, was conducted to draw vitalizing and supporting policies about venture businesses, especially ICT fusion logistics venture businesses to create a new domestic growth power. The research definitions the concept of ICT fusion logistics start-up and deducts apolitical implications by analysing ICT fusion logistics venture start-up cases and features of each forms. In addition, implies logistics industrial, technological support plans to support future new growth motorization of ICT fusion logistics start-up. In the second chapter, to definition the concept of ICT fusion logistics start-up which is the subject of this study, related concept definitiones were firstly considered. Importance and role of ICT in logistics services, logistics start-up's concept and trend were studied, then the concept of ICT fusion logistics start-up was newly defined. In the third chapter, before regular ICT fusion logistics start-up vitalizing strategy planning, studies were conducted about the global 20 start-up ecosystem's present condition basing on the report ‘Startup Ecosystem report 2015’ presented by Compass Co. Researches looked at the start-up support policies of the countries start-ups were well-developed from the side of policy support, education support, cooperation between the government and private, infrastructure support and fund support. 67 foreign logistics start-up companies and 30 domestic logistics start-up cases' operation conditions were analysed and investigated. In the forth chapter, basing on the study conducted in chapter 3 about 97 domestic and foreign logistics start-up business models, logistics industry's and logistics start-up business' trend were analysed. Also to regularly plan ICT fusion logistics start-ups vitalizing strategies, investigation about logistics start-up companies' and experts' cognition were conducted by surveys. In addition, points that had hardness to recognize through surveys were analysed through focused group interview with experts. Through the interview, problems such as difficulties because of legal interpretation, uppermost limit of start-up and giant's collaboration, DB shortage and data collection method limits for big data application were deducted. Three alternatives were proposed to procure logistics new growth power. Firstly, upgrading the existing logistics industry by fusion with ICT technology , Secondly, creating a new logistics business model based on ICT technology, Thirdly, applying different type business model to the logistics sector. In the fifth chapter support plans, divided into sides of investment support, facility support, support by law and system, cultural and many others support, are established on the basis of varied problems analysed previously.
KOR

KOREA TRANSPORT INSTITUTE