A Study of the Competitiveness and Development Strategy of Korean Venture Companies in the Fourth Industrial Revolution Using SWOT/AHP

This study derives the SWOT (Strength, Weakness, Opportunity, Threat) factors and competitiveness index necessary for Korean venture companies to succeed in fourth industrial revolution. It suggests a strategy as well an action plan which government related parties prepare secure global competitiveness, along with very basic systematic analysis. A total of 21 sub-factors were selected through literature review report analysis evaluated by various industry, academics, policy experts via Delphi survey. The results pairwise comparative using AHP (Analytic Hierarchy Process) technique showed that importance 4 quadrants could be arranged order strength (48%) → opportunity (25%) threat (16%) weakness (11%). Looking at according ‘Artificial intelligence·Intelligent Robots·Autonomous driving (a)’, ‘Blockchain·Fintech (d)’, ‘Bio-health (f)’, ‘Big data·Cloud (c)’ possessed high competitiveness. ‘Internet Things·5G (b)’, ‘3D printing·Virtual reality (g)’, ‘New materials·Energy (e)’ industries least competent industries. Optimal strategies derived are follows: S-O (Strength-Opportunity) was optimal such things·5G (c)’, S-T (Strength-Threat) (d)’ (e)’. Finally, W-T (Weakness -Threat) should prioritized Reality (g)’ industry. implication outlined above is policies supporting strengths weaknesses company must established beforehand First, it utmost develop business faster utilizing excellent ICT infrastructure Korea. Second, take leading role mediating sharing resources (manpower, technology, equipment, etc.) available from each university, company, research institute. Third, technology development roadmap commercialization source