ICT Cluster Development Strategy for High-Tech Industry Park in Mongolia - Technopolis: Best Practices for Science and Technology Cities - page 476

Fig. 2 Development stages for information communications high-tech innovation cluster

Today, we expect the future development of the Information and Communi-
cations High-Tech Innovation Cluster as shown below (Fig. 2 ) (JTIS LLC 2011 ).
Up to 2021, development of the Information, Communications High-Tech
Innovation Cluster can be divided into the three phases, where the first phase is
more focused on Government initiatives to support construction work, human
resource development, and pre-incubation. Second stage is the phase of
strengthening R&D capacity, creating venture firms, developing technology
business incubation. Finally, the phase 3 will be the stage of fostering the R&D
growth, stabilizing financial sources, creating network between stakeholders.

4 Conclusion

While recognizing a benefit from successful development of knowledge-based
economy, the Government of Mongolia has been taking many concrete actions to
develop high-tech industries, especially for enabling legal environment. Pursuing
for the state policy for developing high-tech industry, ICT sector is regarded as a
high-tech industry, thus has been given a high priority, as this sector is being
developed tremendously for past decades. In this circumstance, it can be seen that
in a current situation, we basically established legal environment and have a
certain geographic location to build ICT cluster for High-Tech industry in line
with university campus. Pre-feasibility study to establish ICT cluster has been
performed by local experts jointly with international organization and moreover, it
is expected to have a more definite roadmap from feasibility study, which is now
being under the implementation stage.