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http://dx.doi.org/10.5762/KAIS.2018.19.2.370

A Study on the Development of Industrial Clusters in the International Science and Business Belt through the Industrial Clustering Analysis  

Jung, Hye-Jin (Center for Technology & Innovation Management, Korea University of Technology & Education)
Og, Joo-Young (Center for Technology & Innovation Management, Korea University of Technology & Education)
Kim, Byung-Keun (School of Industrial Management, Korea University of Technology & Education)
Ji, Il-Yong (School of Industrial Management, Korea University of Technology & Education)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.19, no.2, 2018 , pp. 370-379 More about this Journal
Abstract
The Korean government announced plans for the International Science Business Belt as a spatial area for promoting the linkage between scientific knowledge and commercialization in 2009. R&D and entrepreneurial activities are essential for the success of the International Science Business Belt. In particular, prioritizing the types of businesses is critical at the cluster establishment stage in that this largely affects the features and development of clusters comprising the International Science Business Belt. This research aims to predict the entry and growth of firms that specialize in four industrial clusters, including Big Science Cluster, Frontier Cluster, ICT Cluster, and Bio-Healthcare Cluster. For this purpose, we employ the Swann & Prevezer's industrial clustering model to identify sectors that affect the establishment and growth of industrial clusters in the International Science Business Belt, focusing on ICT, Bio-Healthcare and Frontier clusters. Data was collected from the 2014 Korean Innovation Survey (KIS) and University Alimi for the ICT cluster, 2014 National Bio Industry Survey and University Alimi for the Bio-Healthcare Cluster, and the 2015 National Nano Convergent Industry Survey and Annual Report of Nano Technology for the Frontier cluster. Empirical results show that the ICT service sector, bio process/equipment sector, and Nano electronic sector promote clustering in other sectors. Based on the analysis results, we discuss several policy implications and strategies that can attract relevant firms for the development of industrial clusters.
Keywords
Bio Technology; ICT; Industrial Clustering Analysis; Nano Technology; Science-based Cluster;
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