Forecasting the Competition of International Standardization Preoccupation

In the era of the Fourth Industrial Revolution, the establishment of a TBT system that utilizes the knowledge-based view as a means of overcoming the problems of scarcity of human resources and lack of technological capabilities faced by export companies that produce and supply products and services...

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Main Authors: Bongju Kang, Yangkee Lee
Format: Article
Language:English
Published: MDPI AG 2022-08-01
Series:Standards
Subjects:
Online Access:https://www.mdpi.com/2305-6703/2/3/26
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author Bongju Kang
Yangkee Lee
author_facet Bongju Kang
Yangkee Lee
author_sort Bongju Kang
collection DOAJ
description In the era of the Fourth Industrial Revolution, the establishment of a TBT system that utilizes the knowledge-based view as a means of overcoming the problems of scarcity of human resources and lack of technological capabilities faced by export companies that produce and supply products and services is being emphasized. The WTO TBT Agreement, which is based on the multilateral agreement of the GATT 7th Tokyo Round, consists of 15 articles and 3 annexes to ensure that technical regulations, standards, and conformity assessment systems do not act as technical barriers to trade. The transition to the digital economy (EDT) has been accelerating, and currently the EDT presents both a challenge and an opportunity. The US, which is at the center of the international standards competition, has accelerated standards competition by invoking supply chain executive order decoupling, and as China looks to implement the policy set out in the China Standards 2035 Plan, the relationship between the US and China is worsening in relation to the preoccupation with standards. Dreaming of a Chinese version of this US strategy, China, which is connected from 12.5 to 14.5 units, is accelerating its standardization strategy through the Made in China 2035 program. The “double cycle development strategy” and “technological innovation” are key mid- to long-term policy directions. Korea should develop a Korean-style conformity assessment development model based on the TBT system, which is a major element of non-tariff barriers, under the WTO/FTA system that promotes the flow of the KBV along with the establishment of a digital transformation system.
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spelling doaj.art-9ead8e32af6443bcacf0ff2ebe76755f2023-12-03T14:52:01ZengMDPI AGStandards2305-67032022-08-012338540110.3390/standards2030026Forecasting the Competition of International Standardization PreoccupationBongju Kang0Yangkee Lee1Department of International Trade, Pusan National University, Busan 46241, KoreaDepartment of International Trade, Pusan National University, Busan 46241, KoreaIn the era of the Fourth Industrial Revolution, the establishment of a TBT system that utilizes the knowledge-based view as a means of overcoming the problems of scarcity of human resources and lack of technological capabilities faced by export companies that produce and supply products and services is being emphasized. The WTO TBT Agreement, which is based on the multilateral agreement of the GATT 7th Tokyo Round, consists of 15 articles and 3 annexes to ensure that technical regulations, standards, and conformity assessment systems do not act as technical barriers to trade. The transition to the digital economy (EDT) has been accelerating, and currently the EDT presents both a challenge and an opportunity. The US, which is at the center of the international standards competition, has accelerated standards competition by invoking supply chain executive order decoupling, and as China looks to implement the policy set out in the China Standards 2035 Plan, the relationship between the US and China is worsening in relation to the preoccupation with standards. Dreaming of a Chinese version of this US strategy, China, which is connected from 12.5 to 14.5 units, is accelerating its standardization strategy through the Made in China 2035 program. The “double cycle development strategy” and “technological innovation” are key mid- to long-term policy directions. Korea should develop a Korean-style conformity assessment development model based on the TBT system, which is a major element of non-tariff barriers, under the WTO/FTA system that promotes the flow of the KBV along with the establishment of a digital transformation system.https://www.mdpi.com/2305-6703/2/3/26EDTconformity assessmentcrypto economydigital data standards platformofficial gradesmutual recognition agreement
spellingShingle Bongju Kang
Yangkee Lee
Forecasting the Competition of International Standardization Preoccupation
Standards
EDT
conformity assessment
crypto economy
digital data standards platform
official grades
mutual recognition agreement
title Forecasting the Competition of International Standardization Preoccupation
title_full Forecasting the Competition of International Standardization Preoccupation
title_fullStr Forecasting the Competition of International Standardization Preoccupation
title_full_unstemmed Forecasting the Competition of International Standardization Preoccupation
title_short Forecasting the Competition of International Standardization Preoccupation
title_sort forecasting the competition of international standardization preoccupation
topic EDT
conformity assessment
crypto economy
digital data standards platform
official grades
mutual recognition agreement
url https://www.mdpi.com/2305-6703/2/3/26
work_keys_str_mv AT bongjukang forecastingthecompetitionofinternationalstandardizationpreoccupation
AT yangkeelee forecastingthecompetitionofinternationalstandardizationpreoccupation