The relationship between shared mobility and regulation in South Korea: A system dynamics approach from the socio-technical transitions perspective.

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Date: Jan. 2022
From: Technovation(Vol. 109)
Publisher: Elsevier Science Publishers
Document Type: Report; Brief article
Length: 340 words

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Abstract :

Keywords Shared mobility; South Korea's mobility market; Socio-technical transition; System dynamics; Regulatory cost; Government intervention Highlights * Under the maintenance of Korea's current regulation, the shared mobility services will lose their position. * The legalisation of shared mobility will lead to the creation of a competitive market where shared mobility and taxi services collide head-on. * The complement reform of regulation, tax imposition and subsidy schemes, can serve as a temporary compromise for the taxi industry. Abstract Since the advent of Uber, various shared mobility (SM) services have been introduced to exploit the blind spot of existing regulations in South Korea; nevertheless, the only limited services have been available because of the opposition from local stakeholders and the government's heavy-handed regulation. In this study, we discuss the diffusion and acceptance of SM services in South Korea's mobility market and its prospects from the perspective of socio-technical transitions. We designed a feedback model based on socio-technical system perspective to clarify the causal relationship between information and communication technology innovation and regulation in South Korea's mobility market; further, we applied a system dynamics simulation technique for testing three policy scenarios. We find that the diffusion of SM services is likely to be hampered if the current regulation is maintained and that the regulation reform without special measures could cause taxi services to lose a competitive advantage against SM services. Research and development investment through subsidies from SM services in the taxi industry innovation could encourage competitiveness, which could coexist with SM services, thereby bringing about a social benefit to adopters. Author Affiliation: (a) Division of Public Policy, The Hong Kong University of Science and Technology, Clear Water Bay, Kowloon, Hong Kong (b) AI Convergence Institute, Handong Global University, 588 Handong-ro, Buk-gu, Pohang, Gyeongbuk, South Korea (c) Technology Management, Economics and Policy Program, Seoul National University, 1, Gwanak-ro, Gwanak-gu, Seoul, South Korea * Corresponding author. Article History: Received 7 June 2020; Revised 3 May 2021; Accepted 21 June 2021 Byline: Junmin Lee (a), Keungoui Kim [] (b,*), Jiyong Kim (c), Junseok Hwang (c)

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Gale Document Number: GALE|A684964844