Civil Engineering Reference
In-Depth Information
Development of an Innovation Cluster
in the Region: Experience of Gwanggyo
Technovalley in Korea
Deok Soon Yim
Abstract Gyeonggi Province is the core area of Korea not only in terms of
population, politics, and culture but also in manufacturing and industrial technol-
ogies. All the major IT companies and automakers are headquarterd in Gyeonggi
Province. Recently, it has started to invest at science and technology to enhance its
technological competitiveness. The Gwanggyo Technovalley (GTV) is one of the
major S&T policy initiatives in Gyeonggi Province, which is owned and run by the
regional government. In this chapter, the theory of innovation cluster was briefly
reviewed and GTV situation in 2010 is evaluated in the context of innovation
cluster. It is evaluated that GTV has excellent locational advantages but there are
many weak points and policy issues for the future development. For instance, it is
necessary to make detailed comprehensive master plan including marketing and
globalization plans. In addition, it is required to identify the technology areas for the
specialization. Finally, it is concluded that GTV case shows typical (or some
specific to Gyeonggi Province) characteristics of the development of an innovation
cluster in the region. From the GTV case, it can be learned that more thoughts and
plans are necessary on management plan as well as hardware infrastructure
development in the development of innovation clusters in regional level.
1 Introduction
It is acknowledged that the ''innovation cluster'' is one of the effective policy tools
to boost technological innovation in the region. For this reason, many countries are
trying to establish and use innovation cluster (science and technology park).
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