Skip to main content

Development of an Innovation Cluster in the Region: Experience of Gwanggyo Technovalley in Korea

  • Chapter
  • First Online:
Technopolis
  • 1475 Accesses

Abstract

Gyeonggi Province is the core area of Korea not only in terms of population, politics, and culture but also in manufacturing and industrial technologies. 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.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Hong, S. B., & Yim, D. S., et al. (2000). Policy Research on Overseas Emerging Innovation Clusters and Global Open Strategy. Science and Technology Policy Institute.

    Google Scholar 

  • OECD (1999). Boosting Innovation: The Cluster Approach. Paris.

    Google Scholar 

  • Sadik, R. (2001) Reaching for clusters of economic development, ED now May 2001. SRI International per Illinois Telecom Cluster website.

    Google Scholar 

  • Yim, D. S. (2002). Innovation cluster of indian software industry: Is it evolved or developed? Journal of Korea Technology Innovation Society, 5(2), 167–188.

    Google Scholar 

  • Yim, D. S., & Kim, S. J. (2008). Development of an innovation cluster in the region: Experience of Gwanggyo Technovalley in Korea, UNESCO–WTA, International Workshop, October 8–11, 2008. Daejeon, Korea.

    Google Scholar 

  • Yim, D. S. (2008). The development and success factors of innovation cluster. Presented at 2008 Daedeok International Conference on Innovation Cluster.

    Google Scholar 

  • Yim, D. S. et al. (2008). The Policy Issues of Gwanggyo Technovalley and its Operational Strategy. Gyeonggi Research Institute.

    Google Scholar 

  • Yim, D. S. (2009a). A plan for promoting industry. University and Research Institute, Gyeonggi Science and Technology Center (Internal document).

    Google Scholar 

  • Yim, D. S. (2009b). Regional government initiated innovation cluster: experience of Gyeonggi Province. A paper submitted for the Korean Scientific Cooperation Network with the European Research Area.

    Google Scholar 

  • Yim, D. S. (2012). The role and strategy of science and technology parks for national economic development – lessons from the Korean experience. 2012 Daedeok International Conference on Innovation Cluster.

    Google Scholar 

Websites

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Deok Soon Yim .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2014 Springer-Verlag London

About this chapter

Cite this chapter

Yim, D.S. (2014). Development of an Innovation Cluster in the Region: Experience of Gwanggyo Technovalley in Korea. In: Oh, DS., Phillips, F. (eds) Technopolis. Springer, London. https://doi.org/10.1007/978-1-4471-5508-9_24

Download citation

  • DOI: https://doi.org/10.1007/978-1-4471-5508-9_24

  • Published:

  • Publisher Name: Springer, London

  • Print ISBN: 978-1-4471-5507-2

  • Online ISBN: 978-1-4471-5508-9

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics