| A plan to establish and revitalize the agricultural sector data economy system for innovative growth (Year 1 of 2) | |||
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| Author | Suh, Daeseok | ||
| Views | 32625 | Publication Date | 2022.04.08 |
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Purpose of Research ○ The global economy is moving toward the data economy, which develops industries and creates values through innovative businesses and services by using data—a core element for innovative growth. Data economy is an economic system where data works as an essential element for production in economic activities. Related industries grow rapidly at 7% or more per year, and data itself is considered as a new asset. Major nations and leading global firms work to arrange related regulations and enhance the labor force. Korea also responds actively through the Digital New Deal Policy, including the plans for the 4th industrial revolution. ○ There has been a research effort in agriculture to analyze big data and apply artificial intelligence for data-centered future industries. However, such an endeavor has failed to cover the entire data system. It focuses on state-of-the-art farming equipment and some sectors in agriculture such as greenhouse horticulture and livestock farming. Therefore, the agricultural sector has no good platforms to nurture the data industry and activate full-cycle data. To respond to global economic and industrial changes, Korean agriculture should shift to technological convergence for the 4th industry and digital transfer. It also has to set up various platforms for the data economy. In addition, it needs to use data as an innovative growth engine. ○ This study discusses ways to establish and invigorate efficient data platforms to drive innovative growth in agriculture down the road. First, it focuses on the digital transfer and draws up plans to apply and commercialize data in the agriculture sector. Based on this effort, this study proposes directions to set up data economic platforms and use them for the sector. It also advises the government on supplementary regulatory regimes and long-term policy directions. Moreover, this study lays out plans to expand research and development endeavors and foster back-end sectors to boost data-based agricultural businesses. To fulfill its goals, it focuses on digital transfer, platforms, and the public sector’s countermeasures in its first year. The second-year study will explore front-end and back-end industries for the data economy and the private-sector’s responsive measures. (For more information, please refer to the report.) |
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