Civil Engineering Reference
In-Depth Information
Second Stage: Growth of High-Tech SME's
At the second stage, it is important to establish the mechanism for technological
support, collaborative research, and technology commercialization. In DST, there
is the one-stop service center that connects industries with government-supported
institutes to develop domestic industrial technologies and promote international
competitiveness.
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Technology Commercialization Center which is an office charged specifically
for providing businesses with direct access to the research institutes in the science
park, also should have the capacity to pay experts of universities and research
institutes to consult for SME's which need specific help in developing their
technology-oriented businesses. There are three main strategies of R&D com-
mercialization in DST; (1) strengthens commercialization process, (2) technology
evaluation and trade expansion support, and (3) promote commercialization pro-
cess. More importantly, venture parks of specialized industries like IT, BT, and NT
can act as a means of expansion for scientists seeking to commercialize their
research results for the market. These parks have lower service level than that of
the first incubation center, but they have more rooms and sites for the developing
firms. There is also more flexibility of units, leases, and other service activities.
Venture parks as a linking mechanism is very crucial to the growth of venture
firms in DST because both research institutes and universities do not know what
kinds of specific research industry wants, and industry does not recognize what
kinds of research are done. In addition to providing sites and facilities, it contains
seed-capital and other venture funds to encourage entrepreneurship and new job
creation with a particular emphasis on high technology start-ups in DST. The
investment corporation can make both loans and equity investments. The DST's
mission statement has four aspects: (1) spurring growth of leading edge firms, (2)
support trade through technological financing, (3) nurture high-quality human
resources, (4) marketing and administration services. The one-stop support center
also has this kind of investment corporation. Only through connection with the
Technology Consulting Center (TCC), can we cover the need of support mecha-
nism for high-tech SME'S, in particular the spin-offs' from DST.
Third Stage: The Settlement of Well Grown High-Tech Firms
By the incentive effect of university-based incubation centers at the beginning
stage, venture parks in high-tech industrial parks shall be built at the development
stage of incubation policy. Daedeok Techno Valley is the good place for it. These
developments are envisaged to promote the third sector planning concept to help
business spin out from either the host organizations or other large corporations
within the area of Daejeon. Because R&D, production activities of venture firms,
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Its major activities are as follows:
• efficient utilization of R&D resources, such as manpower, equipment, technology and domestic
foreign technological information
• to support high-tech small and medium-sized firms by providing information on technological
know-how, funds, etc.
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