• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.8 no.4
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• pp.37-47
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• 2013

This study investigates regional financial markets and proposes some policy measures for boosting up the regional financial system. Financial supports for start-ups, small and medium sized enterprises(SMEs) in early stage growth have been constrained due to expanded financial gaps among regions during financial restructuring period. The bank consolidation through M&A is associated with widening financial gaps between Seoul area and others, and between regions where regional banks survives or not. Loans to small firms are associated with relationship lending techniques that may be better supported by smaller regional banks. The loan rate to SMEs in locals where regional banks are activated has tended to be 10%point higher than the locals where regional banks closed, and also drive the greater contribution for preventing local capital outflow and promoting local capital investment by local penetrating strategy. Government should develop regional financial policies to boost up regional financial system, and expand the business area of regional financial institutions for supporting start-ups and SMEs.

• Journal of the Korean Regional Science Association
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• v.36 no.3
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• pp.41-52
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• 2020

A new town attracts a large population in the short period due to its excellent residential conditions, and forms a local economy. However, if the new town is constructed in an inferior area, it would cause a negative effect to neighboring areas by absorbing population and firms from them. Nevertheless, the relocation of Chungnam provincial office from Daejeon, a metropolitan area to Naepo belongs to the key project of constructing Naepo. If the officers and their family members move to Naepo following the relocation and form a new consumer group of a local economy, the construction of Naepo would cause a positive effect to its neighboring areas. This paper empirically analyzes the effect of Naepo on the local economy through the change in differences of the new openings of restaurants between areas (defined either by donut-shaped area with 500-meter width or by Eup, Myun, and Dong) inside and those outside of 10km from the border of Naepo. The results from regression equation estimation where difference-in-differences framework is applied imply that the construction of Naepo new town caused a positive economic effect to its neighboring areas.

• Journal of Digital Convergence
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• v.10 no.5
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• pp.327-331
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• 2012

Although crafts industry in Chungcheongbuk-do where Cheongju International Craft Biennale is held has an excellent infrastructure, it is backward comparing with other regions. So we face up to the reality and desire to contribute to the creation of added value and the development of local crafts culture through study on the here and the hereafter of Chungbuk crafts industry. We figure out the customer satisfaction and the potential customer preference for cultural products on sale currently. Then, we establish a detailed marketing strategy and study the way how we can solve the current difficulties including design, technique and marketing.

• Journal of the Korean association of regional geographers
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• v.11 no.2
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• pp.211-232
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• 2005

Recently, Korean agriculture and rural areas face a huge crisis due to the change in the market environment of agricultural products under WTO and FTA. Thus, rural policy needs to break from the agriculture-centered sectoral perspective and to develop the various potentials in rural areas. The transformation of rural policy is also required from the aspect of increasing regional differentiation in rural areas. In this context, the paper aims to classify the regional types of rural areas and analyse their features in geographical location, population, farming, public finance and so an. The result of analysis shows that rural areas can be classified into 5, 9 or 15 regional types by stages. This implies that there is significant regional differentiation ill rural areas. However, there is regional polarization as much as differentiation in rural areas. In this point, rural policy should catch up regional polarization as well as diversity in rural areas.

• Journal of the Economic Geographical Society of Korea
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• v.25 no.4
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• pp.583-599
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• 2022

According to the discussion on the low-density economy in OECD industrial growth in remote area has played a central role in the members'economic recovery from the financial crisis in the mid-2000s. Based on the OECD's low-density economy this study examines the phenomena and spatial characteristics of industrial growth in peripheral areas of Korea. The growth of industries in the peripheral areas shows a similar growth characteristics as cases in the OECD members. Various manufacturing and service sectors as well as traditional sectors such as agriculture, forestry and fishing have grown in the peripheral areas since the mid-2000s. Firms in the peripheral areas form various cooperative networks to overcome the unfavorable regional conditions. The growth of new industries shows the possibility of path-dependent development in the periphery. Based on the results, implications on the policies for supporting the diversification of regional industries, setting flexible regional boundaries for policies, and linking policy sectors are derived.

• Journal of the Korean Geographical Society
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• v.37 no.4
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• pp.442-459
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• 2002

With the formation of European Union, the frontier function which was existed among the member nations was vanished. The European Union, each national government, and local or regional self-government search actively for the transfrontier development strategies in order to make the underdeveloped transfrontiers an united internal region of European Union with an augmentation of mutual activities inter-transfrontier and a cooperative development of transfrontier. On the transfrontier among France-Belgium-Luxemburg which was the iron industry center of Europe, the cooperative development strategies(P.E.D.) of the inter-government and inter-local are executing for the restructuring of the stable regional economic on the basis of the INITRREG program of the European Union. In recent years, the locals self-govemments transfrontier are executing not only restructuring of regional economic but formation of urban community with the unification of the urban and regional planning, administration, and society.

• Journal of the Korean Regional Science Association
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• v.35 no.4
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• pp.19-32
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• 2019

Since the 2000s, China has been trying to develop the mid- and western regions and reduce regional disparity between the eastern region and the others by construction of the eight HSR corridors known as 4+4. The high-speed railway is known to have a positive impact on regional economic development by improving accessibility between regions. However, some studies point out that the high-speed railways could worsen regional imbalances. The purpose of this study is to examine the impact of the high-speed railway on regional economic growth and balanced development in China, using the beta-convergence model. In particular, we focused on how the effects of high-speed trains on regional economic development varied depending on the level of development. The analysis was conducted centering on the Shanghai-Chengdu line which is connecting eastern, central and western regions with different levels of development.

• Journal of the Economic Geographical Society of Korea
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• v.7 no.2
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• pp.171-201
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• 2004

This study is primarily to investigate the alienation process that constitutes the regional identity of the border region in Kyunggi Province. It both discusses the concept of social exclusion and its application for a theoretical framework and examines patterns and formation of the alienation process based on the field survey. The empirical results show that the alienation process which defines the border region as a geography of place poverty and exclusion has been deepened through economic, social, cultural and spatial processes. In terms of material well-being and social participation, especially, the alienation is shown to form in every aspect of people's lives in the border region. The alienation gives rise to the cultural stigmatization which first builds up negative images of the region and then aggravates region's development potential as well as its future prospect. In addition, the alienation in the context of the border region turns out to be unique compared to major characteristics of other backward regions as well as quite spatially differentiated across the border region in Kyunggi Province.

• The Journal of the Korea Contents Association
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• v.13 no.11
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• pp.332-346
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• 2013

Since the enactment of Social Enterprise Promotion Act in 2007, the December 2012 was now 801 organizations certified as social enterprise. Social enterprise in urban areas are much more activated, in order to social enterprises in rural areas be activated, what you need to improve and what measures will need to be applied by the practitioners and researchers is a challenge to be reflective. In this study, We searched for ways of social enterprise activation in rural areas, conducted by case study of social enterprise transition probabilities diagnosis and demand survey of local people based in Boseong. For research purposes, this study selects 41 corporate and non-profit organizations in order to examine social enterprise transition probabilities, the potential social enterprise certification, social enterprise-related demand, awareness of sustainability, and local issues.

• International Area Studies Review
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• v.20 no.4
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• pp.205-225
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• 2016

Many cities have instituted public art projects for the purpose of urban regeneration. The main objective of these projects is to revitalize an abandoned area through the culture of art. This endeavor however, seems to have become standardized, a one-time event, as institutionalized Public Art. The Maeulmisul Art Project has served as a complement to these problems, strengthening local identity and restoring community through use of local assets and artistic contributions of residents. There have also been areas in which the Maeulmisul Art Projects was taken as an opportunity to revitalize an area through linkage with other projects. This study examines the process of the formation of local identity and recovery of community through site-specific art of the Maeulmisul Art Projects. I would like to explore the possibility of implementing regional regeneration through use of the Public Art Project.