Civil Engineering Reference
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5 Conclusion
This chapter tries to identify the effectiveness of technopolis policy to sustainable
development with particular reference to Daedeok Science Town/Innopolis in
Korea. Through the case study, it is identified that development from pure science
town (DST) to technopolis (Daedeok Innopolis) has had positive impacts on
sustainable development based on the strategy for the structural change, growth of
high-tech firms based on R&D, and a collaborative network for regional cluster.
Results show us positive changes for sustainable development in the following
three aspects.
First, structure of Daedeok has been changed from science city to multi-
functional technopolis which can facilitate technology commercialization and
production. Structural change through the designation of Daedeok Innopolis gave
further potential of facilitating the growth of high-tech venture business based on
DST's R&D. There is an interesting give and take strategy between Daedeok and
mother city. While Daedeok provides city with the potential for high-tech
industrial growth, mother city, Daejeon provides it the city amenities such as good
residence and cultural services. It means that DV and other city areas can benefit
each other for the sustainable development of the region.
Second, there is a change of activities from pure R&D to industrial develop-
ment through huge growth of venture business in Daedeok. Private research
institutes and venture businesses, started from spin-offs, are the driving force of
this change. Spontaneous entrepreneurship of venture firms and their cooperation
with R&D centers and local HEI are also very important factors that can make
Daedeok actually contribute to the regional economic growth and innovation in
Daejeon Metropolitan City, Korea. Daedeok is also a good example to show us
that private R&D centers can lead the technopolis development through their
profit-oriented projects and also subdivided researches on technology transfer.
They are another potential for endogenous development. These economical ben-
efits from industrial activities are related with futurity which is a concept of
sustainability. The benefits can create economic positive-effects without com-
promising the ability of future generations. Technopolis can enrich resources to
meet future generations' needs through the growth of high-tech sectors including
HEIs. Thus, it can be argued that technopolis is very positive for economic and
social sustainability.
Third, network building for collaboration among universities, research insti-
tutes, and industries is a critical factor that enables technopolis to have the ability
of sustainable development. The regional cluster of specialized industrial sectors at
third stage is the most important development. It can accelerate the regional
capability of technology-based development and regional innovation through
closer collaboration among high-tech SME's which were spin-offs from univer-
sities and research institutes and also maintain the close link with them. Network
building construction, regional cluster, and networked entrepreneurship enable
resource sharing for the profitable growth of high-tech sectors. This sharing allows
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