50% of Women-Owned Businesses Interested in Establishing Smart Factories

The Most Needed Support is "Financial Assistance" at 64.7%

[Asia Economy Reporter Kim Cheol-hyun] It was found that 50% of women-owned businesses are interested in establishing smart factories. The Women’s Economy Research Institute announced the results of a survey on the 'Status of Smart Factory Establishment by Women-Owned Businesses' conducted on 274 companies engaged in manufacturing on the 13th.

Among the survey subjects, 10.6% are in the process of establishing smart factories, and 1.8% have completed the establishment. In particular, 50.0% of the remaining 240 companies expressed an intention to adopt smart factories.

Among women-owned businesses establishing smart factories, 38.2% utilized government support programs. The types of government support used were financial support (47.6%), consulting (28.6%), production automation equipment (14.3%), and technical resources and education support (each 4.8%) in that order. The types of government support needed in the future were financial support (64.7%), production automation equipment (32.4%), and technical resources (2.9%) in that order.

A representative of the Women’s Economy Research Institute stated, "Since financial support is the most needed government assistance for women-owned businesses when establishing smart factories, it is necessary to make financial support more realistic to expand smart factory establishment and enhance the effectiveness of policies."

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