• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.19 no.5
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• pp.261-275
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• 2024

In response to increasing economic uncertainty and the challenges posed by low birth rates and an aging population, the rapid growth of startups has become a crucial strategy for fostering economic development. In 2023, the Korean government introduced the "Startup Korea" initiative, aiming to attract top talent and capital into the domestic startup ecosystem and shift away from traditional government subsidies toward encouraging private capital investment. However, current national startup policies are limited by their concentration on the capital region and specific industries, raising concerns about the need for more regionally-tailored and sustainable policy approaches. This study seeks to analyze both national and regional entrepreneurial ecosystems, with a specific focus on Seoul, to propose long-term strategies for developing a sustainable and globally competitive entrepreneurial environment. Utilizing the Evidence-Informed Policy Making (EIP) framework, the study first conducted a literature review to analyze national startup policies, Seoul's policies, and the Startup Genome global ecosystem report. Following this, expert interviews and Delphi surveys were conducted with key stakeholders to gather comprehensive evidence. The data was then analyzed to identify key policy areas aligned with the entrepreneurial ecosystem's core components. Finally, policy recommendations were tailored to align with Seoul's unique vision and characteristics, offering sustainable growth strategies for the regional startup ecosystem.

• Journal of the Economic Geographical Society of Korea
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• v.25 no.3
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• pp.339-356
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• 2022

This study focuses on Hokkaido University Research & Business Park in Japan as an example of establishing a regional innovation ecosystem on campus based on the outstanding research and university-industry collaboration capabilities of local universities in non-metropolitan areas with weak foundations for start-ups and corporate growth. Hokkaido University Research & Business Park established a mid-to long-term plan using the idle sites on campus, and was developed through a gradual development process since 2003. The promotion of university-industry collaboration was pursued through an industrial-based approach of establishing a bio-industry cluster considering the characterization of local universities and the foundation of local industries. It also provides various corporate support services through cooperative governance between local industry, universities, research institutes and the government. This strategy for creating Hokkaido University Research & Business Park provides important policy implications for various policies and projects that promote regional development by utilizing university campuses like the campus innovation park project.