About IPS
A knowledge powerhouse in the global competition-IPS will be one step ahead
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IPS aspires to thrust Korea into becoming an advanced global nation by creating new knowledge of the future through practical studies.

The Institute for Industrial Policy Studies (IPS) is a government-approved research institute established under the auspices of the Ministry of Commerce, Industry & Energy (MOCIE) in 1993. IPS carries out empirical studies on worldwide industrial policies, advisory work on government organizations and consulting activities for corporate strategic planning. It also provides a range of education programs for government officials and business executives.

IPS regularly hosts seminars as well as symposiums that serve as a venue for the presentation of results from major studies to advance the economy and management-related mindset of top managers, and operates database of research findings for related parties to share knowledge and information.

Research Activities

IPS conducts objective and independent research in a variety of areas including analysis of national and regional competitiveness of countries across the world and the study of corporate organizations and roles appropriate for the evolving society to define an ideal industrial policy and corporate strategy.

In particular, its research team conducts independent research activities by tapping into its research networks equipped with more than 2,500 experts in economy and management from both within and out of the country, as well as operating 32 research centers including the Center for National Competitiveness Studies, Center for Brand Value Research, and Center for Industrial Design and Center for Management Innovation.

  • Study of national competitiveness of countries from around the globe
  • Study of competitiveness of regions and cities
  • Study of brand equity evaluation and development strategy
  • Brand Management Institute project
  • Study of ethics management, CSR, and sustainability management
  • Studyof industries including semiconductor, IT and socio-cultural industries
  • Other competitiveness-related research and consulting

Key Research Activities

IPS National Competitiveness Research Report

IPS and the Institute for Policy & Strategy on National Competitiveness (IPS-NaC) have jointly published the "IPS National Competitiveness Research Report" since 2001, founded on new evaluation methods. The annual report provides a systematic set of national-level data on businesses and the economy that are required both in research and practice, and thus offers useful information that will help various people in various social standings to become leaders in this global era.

Evaluation research on regional industrial policies: ¡¸The Best Industrial Policy Award on Regional Economic Development¡¹

The award, sponsored by the MOCIE, is given to local governments that have nurtured the core competence unique of the region as well as that have achieved drastic regional development selected through a transparent and professional evaluation method. It is dedicated to helping inform the Korean government of the development path of the local governments, and thus contributing to the development of industrial and national competitiveness of these governments.

City Competitiveness Evaluation Research on Korea's 81 Cities

With regional competitiveness emerging as the bedrock of national competitiveness and a unit of region as a core unit of economy, the IPS is conducting an evaluation of 81 cities in Korea. The evaluation attempts to overcome the limitations of previous city competitiveness research that mainly focused on identifying the gap between regions and ranking the competitiveness of individual cities, and to present a strategy for building competitiveness for each city.

Valuation of and Consulting on National & Corporate Brands

Since 2000, IPS publishes annual reports on corporate and country brand valuations converted into monetary value, and develops and provides consulting services for brand building for enterprises and local governments as well as carrying out activities on development of various policies and strategies for strengthening country brand

Studies on Business Ethics, Corporate Social Responsibility and Sustainability Management

With the establishment of the Center for Business Ethics (CBE) and the Center for Sustainability Management in 2002, the Institute began research on ethics management, corporate social responsibility (CSR) and sustainability management. Current ethics management studies are mainly focused on: policy advisory work on a government-level ethics management and CSR policies; development of corporate-level ethics management and CSR evaluation model as well as development of certification standards and sustainability reporting. guideline, and assurance models.

Education Programs

The IPS offers the most up-to-date education programs having benchmarked world-class business schools that offer research-oriented education programs, and by utilizing its research experience accumulated through the operation of more than 30 research centers on industrial studies and business administration. In particular, the Brand Specialist Program, set up as part of MOCIE's policy projects, not only offers measures for Korea to develop into a high added-value economy, but also nurtures high-caliber talents as future leaders of the Korean economy, and proposes measures for developing core talents as well as advanced educational methods.

Brand Specialist Program (BSP)

The IPS established the Brand Management Institute (BMI) as part of the MOCIE's project for establishing the foundation of industrial technology in 2003, and has designed and conducted education programs on brand management by leveraging the know-how that has been accumulated from several years of conducting MOCIE's major project-the brand equity valuation.

The BSP broadly consists of basic theory courses in brand management and case studies lectured by professionals practicing in the field. In a bid to become a more systematic and effective education program, the Brand Specialist Program is separated into two courses: the Intermediate Brand Specialist Program (IBSP) and the Advanced Brand Specialist Program (ABSP).

Forum

B.E.S.T Forum (Business Ethics is the Source of Top performance)

Amidst the strengthened emphasis on ethics management across the world, the B.E.S.T Forum was launched in February 2003. The B.E.S.T Forum is a multi-stokeholes forum aimed at expanding an ethical corporate culture in Korea, spearheaded by stakeholders in ethics management. The Forum is comprised of 62 members including businesses, academic institutions and civic groups (as of Nov. 2006). The CEO Club of the B.E.S.T Forum comprises 57 incumbent CEOs who gather every quarter to search for measures for expanding ethics management at the CEO-level.

Brand Forum

The Brand Forum was launched in November 2002 to confirm the importance of brand management and to share strategies and vision for developing competitive brands under the theme, "Brand Promises Your Future." It is a network comprising of experts including policy-makers, business practitioners and professors. The Forum is constantly exerting efforts to spread awareness on brand management.

Health Care Competitiveness Forum

In September 2002, the Health Care Competitiveness Forum was launched with the aim of contributing to the enhancement of the competitiveness of Korea's health care industry by serving as a venue for the sharing and exchanging of ideas on overcoming the challenges facing the industry.

Society for Design Industry

The Society for Design Industry, launched in 1995, is spearheaded by 60 experts in the design industry, and consists of discussion and research for verifying the current status of and raising awareness on diverse issues in the design industry, and seminars with external lecturers for identifying the link between diverse industries and design, and thus, serves as an arena for the members to share diverse information by forming a network.

Seminar and conference

Korea Brand Conference (KBC)

The Korea Brand Conference is the nation's largest annual brand conference, dedicated to providing opportunities for raising awareness of brand management in domestic businesses. With its official "Country & Corporate Brand Valuation Report" and additional 40 research reports and brand-related case lectures, the KBC serves as an arena for exchange of knowledge and information.

New Year Seminar

The New Year Seminar was first launched in 2000 at the onset of a new millennium to provide a venue for presenting research results on various subjects at the beginning of a new year. The research practitioners give presentations on the research conducted by IPS, on which related experts, workers in the industry, and policy-makers hold discussions to define a vision for the Korean economy and to develop strategies for realizing the vision, as well as providing a framework for university-industry-institutes research.

IPS-Nankai University Joint Seminar

IPS and Nankai University (China) jointly host a seminar annually, whose theme is determined by reflecting the trends in the global economy.