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Sustainability 2019, 11(3), 898; https://doi.org/10.3390/su11030898

Antiaging Cosmeceuticals in Korea and Open Innovation in the Era of the 4th Industrial Revolution: From Research to Business

1
Department of Beauty and Cosmetic Science, Eulji University, Seongnam 13135, Korea
2
Faculty of Liberal Arts, Eulji University, Seongnam 13135, Korea
*
Author to whom correspondence should be addressed.
Received: 14 December 2018 / Revised: 2 February 2019 / Accepted: 4 February 2019 / Published: 10 February 2019
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Abstract

The importance of the healthcare industry has increased and it has thrived, although the cosmetic industry of Korea has been in depression. A recently issued group of items in Korea, ‘cosmeceuticals’, is defined as a combination of pharmaceuticals and cosmetics proven to have medical effectiveness. Antiaging cosmeceuticals in Korea have performed well in terms of expanding business by combining with beauty services, so they are viewed as high-valued items. This fact supports the evidence that there are various studies on cosmeceuticals. Therefore, this paper shows that the global status and growth potential of cosmeceuticals are documented and the concepts of the application of the demonstration complex and open innovation will be linked together based on research of antiaging cosmeceuticals in Korea for an aging society. This paper intends to provide the basic information for forming a ‘lab to market’ which connects the future cosmeceutical laboratory to the market. View Full-Text
Keywords: cosmeceuticals; anti-aging; open innovation; cosmetics; demonstration complex cosmeceuticals; anti-aging; open innovation; cosmetics; demonstration complex
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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
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Shin, K.-O.; Park, H.-S. Antiaging Cosmeceuticals in Korea and Open Innovation in the Era of the 4th Industrial Revolution: From Research to Business. Sustainability 2019, 11, 898.

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