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incubators. A start-up company normally stays 2-3 years at a business incubator.
The managers, professors, and researchers provide their knowledge and skills to
the start-up companies at their business incubators.
When the enterprises are successfully incubated at the 17 business incubators,
they come to CTP for the post-business incubation program. The CTP's post-
business incubation program includes pilot plant space, technology transfer,
prototype production facilities, professional business services, investment fund
operation, and global marketing. The ''Contact Center'' of CTP is a problem solver
for enterprises. The staff members and retired professional experts are waiting for
any kind of needs of enterprises. The enterprises normally stay 3-5 years at CTP's
post-business incubation program.
Once the enterprises exceed their annual production amount over $10 million,
they are asked to graduate from CTP. The enterprises develop their own mass-
production facilities near CTP. Some enterprises allocate their factories in the
industrial parks, while some others in private sites. Although they left from CTP,
they are still connected with CTP by the ''Family Enterprise'' program. The CTP's
family enterprises are supported by CTP's investment program, R&D fund, human
capital development, and global marketing. This is the fourth step of the business
incubation program.
Enterprise Support Center of CTP is the key staff for business incubation. The
staff members are able to conduct professional business consulting. They provide
the management and marketing services as well as technology transfer. CTP also
operates Human Resource Development (HRD) Center where enterprises learn
from entrepreneurship to three-dimensional computer graphic techniques. HRD
Center of CTP plays a key role in networking various industrial fields through the
CEOs' education program.
3.3 Creating a Habitat for Innovative Businesses
The sixth function of CTP is to create a perfect habitat for innovative businesses. All
of the four steps of business incubation program can be implemented at CTP. Thus,
CTP has its own pre-incubation and main-incubation facilities on the campus. The
major spaces are allocated for post-incubation program, however. For the fourth step
incubation program, CTP also provides the mass production spaces on the campus.
Figure 5 shows the habitat of innovative business by four steps (Kim 2000 ).
As seen in Fig. 5 , the campus of CTP provides all steps of business incubation.
The business support building contains the ''Contact Center,'' the ''Technology
Transfer Center,'' the ''Global Marketing Center,'' and private business service
agencies. The precision-machinery building provides prototype production facil-
ities. There are three industrial support centers at CTP. The multimedia industry
center is on the CTP campus. Two are allocated separately within 20 km.
The empty spaces with green grasses will be filled with national level labs and
multinational firm's R&BD complex (Korea Technopark Association 2004 ).
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