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2013, Vol.22, No.

  • 1.

    Strategy for Regulatory Reform to Promote Creativity and Industrial Convergence

    Young-Seop Shim | 2013, 22() | pp.3~36 | number of Cited : 11
    Abstract PDF
    We are now standing at a turning point, where the new technological paradigm and the industrial convergence are developed in succession. These mega trendy phenomena result in the creative outputs surpassing the domain, the genre, and the boundary. In this contemporary context, it becomes crucial to have systems and order that promote activities of creativity and convergence. We should recheck regulations, especially, those which will no longer be available in the era of the creative economy while possible when the single technology and industry are dominant. That is the problem concerning barrier to entry in regards to the concept that various industrial activities differ from one another. In this paper, I suggest effective strategies for regulatory reform to promote creativity and convergence, by suggesting four directions of regulatory reform in concert with the new paradigm of the technological and industrial convergence, as follow:First, entry regulation should be overhauled and rearranged entirely. To cultivate vibrant fusion and integration across all sectors, a favorable environment in which creativity, autonomy, and diversity can be achieved is required. Also, on the basis of this principle, regulation of entry barrier should be comprehensively reviewed. Second, it is recommended that the regulations governed by positive system drastically be converted to negative system. Third, it is critical to not only promote the competition in the existing market, but also build up an environment favorable to market contestability, which increases the likelihood of potential market entry. Fourth, besides official regulation through laws and systems, as in the case of order specifications, changing informal practices implementing on the actual market also poses major challenges.
  • 2.

    Economic Impact of Medical Industry Market Expansion through De-regulation

    송용주 | 변양규 | 2013, 22() | pp.37~84 | number of Cited : 5
    Abstract PDF
    This study seeks for de-regulation for the expansion of the medical service industry through the interview of the government authorities, service providers and consumers. It also estimates the economic impact of the de-regulation effort. The study finds it important to create a new market for domestic medical service industry through de-regulation. It is needed to allow not only simplification of the process of attracting foreign patients but also profit-seeking business expansion, investment by non-medical corporations and partnership between medical practitioners. It also proposes to build a 'No-regulation Free Investment Zone’ as a way of minimizing the concerns that economic principle will damage the public nature of medical industry. Since the government’s direct support for operation costs or initial establishment costs has resulted in fiscal burden, it is recommended that the governemt provide financial brokerage service connecting medical corporations and investors. According to the estimation of this study, successful de-regulation create value-added of 5.9 trillion won and about 114,000 jobs in the medical service industry by 2020.
  • 3.

    Economic Impacts of Creating New Markets through Deregulation in Korean Educational Service Industry

    유정선 | 변양규 | 2013, 22() | pp.85~122 | number of Cited : 2
    Abstract PDF
    This study explores the ways to facilitate the educational service industry in Korea through the deregulation for the establishment of foreign educational institutions. The study particularly aims at suggesting policy guidelines to reduce the disproportionate regulatory burdens on the educational service industry to create new markets as well as analyzing their economic impacts. The study emphasizes providing foreign educational institutions with incentives by amending unnecessarily tightened regulations such as prohibition of profit repartriation. The study suggests “No Regulation Free Investment Zone” to be established in the Seoul Metropolitan area. This promotion will be an effective measure to absorb the overheated demand for studying abroad while relieve the concerns over introducing a market-oriented system in the educational service industry. Also, the study suggests that the government fully function as a bridge linking foreign educational institutions and investors rather than itself directly providing financial support to foreign educational institutions. According to the study’s estimates, the alleviation of regulation would create 93,000 jobs and the effect on production inducement worth 8.5 trillion won by 2020.