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From the Editor’s Desk

It gives me a great pleasure to present this second Journal of Information Technology Case and Application Research (JITCAR) issue of 2015. This special issue on IT Status in Korea has been edited by two guest editors, Dr. Kyootai Lee and Dr. Kailash Joshi. This special issue is supported by the Graduate School of Management of Technology at Sogang University, South Korea. The contents of this issue are an editorial preface by Kyootai Lee and Kailash Joshi; a research article by Younsuk Lee and Jinhan Park; a research article by Junghee Han, Changryul Kim, and Kailash Joshi; an expert opinion report by Tae-Hee Lee; and a book review by Jooyeoun Lee. Kyootai Lee and Kailash Joshi, in their editorial preface titled “Information Technology (IT) Development in Korea: Past, Present, and Future,” stress that the IT industry has experienced unprecedented growth and advancement in Korea, even though the development has been highly heterogeneous across different sectors in the IT industry. Such imbalance, for example, between hardware and software sector growth, can impede future sustained growth in the IT industry. The authors highlight four key challenges faced by Korean IT industry: lack of strong content providers; lack of international IT and IS services; low level of attention to cyber security; and lack of globally dominant software firms. They go on to suggest a research agenda that can help provide answers for some of the difficulties embedded in the Korean context in the belief that such an agenda would address not only the unique cultural and economic circumstances of Korea and the challenges faced by Korean IT/IS industry, but also provide guidelines for IT/IS human resource management and IT/IS service business models. The research article by Younsuk Lee and Jinhan Park is titled “Value Creation and Value Capture: The Case of Cybershelter for Information Systems Security in South Korea.” This article introduces a case of successful cyber security innovation in South Korea named Cybershelter, a public service introduced by KISA (Korea Internet & Security Agency) to protect vulnerable small and medium-sized enterprises (SMEs) from the distributed denial of service (DDoS) attack. The framework of value creation and value capture is utilized to assess success of this public service in preventing the financial losses of vulnerable SMEs from DDoS attacks. Value from Cybershelter is captured by several primary as well as secondary beneficiaries mainly by blocking and preventing the spread of DDoS attacks and ensuring the high availability of websites. The value is captured in terms of (a) quality improvement and revenue increases for firms, (b) manufacture of security equipment and provision of new related or similar services by the