An Analysis of the Economic Effects on the Project to Construct Smart Network

Woo-Soo Jeong; Sa-Hyuk Kim

An Analysis of the Economic Effects on the Project to Construct Smart Network

Woo-Soo Jeong, Sa-Hyuk Kim, Journal of Internet Computing and Services, Vol. 12, No. 4, pp. 61-72, Aug. 2011
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Keywords: smart network, RAS

Abstract

The Smart Network Project is planned for achieving the Internet advanced country by adjusting the Government Future Internet Development as a national agenda. The future Internet is defined as diverse alternative technology and services that can provide optimal services for individual characteristic and situation in anywhere, anytime throughout convergence of communication, broadcasting, and computing to solve the current limitation of the Internet. This paper is to analyze the economic effects of the smart network build-up. For the economic effect analysis, we reclassified the smart network industry classification system and re-drew up 2011 Inter-industry Relations Table by using the Inter-industry Relations Table issued by the Bank of Korea and the RAS techniques. And we analyzed the economic effects that can be drawn from the investment of the smart network industry. As a result, the gross production inductive effect which appears with the economic effect of the smart network establishment project from 2011 to 2015 came out to be about 72 trillion 808.2 billion KW, added value inductive effect of 44 trillion 192.9 billion KW and the employment inductive effect of the job creation of about 412 thousands people. Afterward, it is anticipated that the smart network build-up project to contribute to the improvement of Koreans' daily life. Moreover, this research will be used as a valued basic material in the pursuit of the future network projects.

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Cite this article

[APA Style]

Jeong, W. & Kim, S. (2011). An Analysis of the Economic Effects on the Project to Construct Smart Network. Journal of Internet Computing and Services, 12(4), 61-72.

[IEEE Style]

W. Jeong and S. Kim, "An Analysis of the Economic Effects on the Project to Construct Smart Network," Journal of Internet Computing and Services, vol. 12, no. 4, pp. 61-72, 2011.

[ACM Style]

Woo-Soo Jeong and Sa-Hyuk Kim. 2011. An Analysis of the Economic Effects on the Project to Construct Smart Network. Journal of Internet Computing and Services, 12, 4, (2011), 61-72.