The purpose of this study is to figure out the impacts of technological innovation and cost management on productivity in small shipping industries to come up with developmental implications. To achieve this, a survey was carried out to 150 workers in small shipbuilding industries through April 2 to April 20, 2012. As for findings stated above, technological innovation and cost management in the Korean small shipbuilding industries were key factors that elevate financial and non-financial productivity. In the light of low technological prowess and cost structure of small shipbuilding industries, their productivity can be improved when intensive cost management with production factor technology as know-how is realized through quality management, which product development technology is the top priority as an independent niche strategy. Consequently, the combination of infrastructures in small shipbuilding industries with continuous efforts for cost reduction by the link to the systematized structure can't only secure their independent competitiveness, but raise their productivity.

In this study, a survey was carried out on 150 workers in the small shipping industry through April 2 to April 20, 2012, with the purpose of figuring out the impacts of technological innovation and cost management on productivity in the small shipping industry to put forward developmental implications. Findings stated above confirm technological innovation factors and cost management factors of our small shipping industry were key factors that elevate financial and non-financial productivity. In the light of low technological prowess and cost structure of small shipping industry, this means that its productivity can be improved when cost management with production factor technology come true as know-how through quality control, which product development technology is the top priority, and intensive cost management with independent niche strategies. Consequently, this implies that when efforts for continuous cost reduction are accompanied by the link of the substructure as an infrastructure of small shipping industry to the systematized structure, its own competitiveness can not only be secured, but its productivity can raised.