• International Area Studies Review
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• v.21 no.4
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• pp.195-222
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• 2017

This exploratory study analyses the factors, sources and effects of the regional competitive advantage of Jeju Island in Korea in global competition era. The competitive advantage of Jeju Province is analysed with the triple diamond model based on Porter's model for the competitive advantage of nations. The competitive advantage factors of Jeju Province are measured through the competitive advantage of the hospitality industry, which is one of the major industries of Jeju Island. These factors include outstanding natural landscape, domestic hospitality industry workforce, social overhead capital, massive domestic and international tourists, growth of related industries such as duty free shops and casinos, and coincidences such as Jeju Olle trail construction and Chinese government's international travel approval. Since these factors are based on local, domestic and international management resources, this study suggests that obtaining such resources is critical among Jeju hospitality industry in gaining the competitive advantage. Although the competitive advantage of Jeju hospitality industry is increasing, the organic connections with the regional economy are required for improvements on Jeju residents' quality of life. This study examines the factors and origins of competitive advantages on a regional level instead of a national level, and further investigates how the characters and origins of these factors affect the local economy. The results suggest that the triple diamond model is suitable for evaluating the regional competitive advantages.

• Proceedings of the Korea Technology Innovation Society Conference
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• 2006.11b
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• pp.155-166
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• 2006

Application of industry roadmap is to propose the vision on the future through correction and supplement of various environment change(nation competition power uplift, origin technology development, long and short-term vision establishment, R&D investment improvement, co-work increase etc). Now, in Jeju region, Roles of traditional medicine is needed by environmental needs(competition loss of Jeju industry, limitation of tourism industry etc). Thus, the purpose of this study is to contribute to region economy activity by building the TRM of foods field in traditional oriental medicine industry through the analysis of earlier TRM paper and materials.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.63 no.1
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• pp.10-17
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• 2014

The Jeju Special Self-Government Provincial Government has made the plan penetrating gradually electric vehicles(EVs) in the Jeju Special Self-Government Province(Jejudo). However the effects of EVs penetration on the electrical grid of the Jejudo is not reported. In this paper the yearly electric energy consumed by the EVs was calculated and the effects of the EV penetration on the peak power of the grid were analyzed in the Jejudo for the future 10 years, and we hope that our study results will help the governors realize the EVs penetration plan in the Jejudo. The calculation results show that the rate of the electric energy used by the EVs will become to 2.9% at its maximum at the 2017 year when the penetration rate of EVs in passenger cars becomes 10%, and the rate of the electric energy consumed by the EVs will become to 9.4% at its maximum at the 2020 year when the penetration rate of EVs in passenger cars becomes 30%. The concepts of smart-charging capacity and 100%-valley-filling charging capacity of the grid were defined and calculated for the Jeju Grid, and the grid was analyzed to have the sufficient EV charging capacity until the 2022 year.

• New & Renewable Energy
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• v.17 no.2
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• pp.9-23
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• 2021

In Korea, various community investment renewable project models are being implemented to increase community acceptance of renewable energy. An important factor for enhancing local acceptance is that renewable energy projects have a positive effect on revitalizing the local economy such as income increase or job creation for residents and local companies. To maximize the local economic effect of large-scale community investment renewable energy projects, this study developed an evaluation index for local economy activation, whose indicators are the local return on investment, local companies' participation, local job creation, regional cooperation, transparency, and governance. Analysis of existing evaluation indicators and current renewable projects, financial analysis, and expert interviews were used in this research. The pilot evaluation determined that, the local economic effect was high in the following order: a fund investment wind project (Gangwon), benefit-sharing wind project (Jeju), and general wind project. In particular, residents' investment amount, the number of participating residents, and the amount and transparency of the regional cooperation fund were key factors to expand the effect of local economy activation. This evaluation index could be used in public bidding for renewable energy projects such as offshore wind zoning areas of local government.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.5
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• pp.458-465
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• 2020

The purpose of this study is to analyze the effect of policy in Jeju, using a macro-economic forecasting model of Jeju. First, the model's reality explanatory power improved by updating its statistics to 2017 and expanding new policy variables and modules. Also, the industrial structure of the model was further subdivided and extended to be considered simultaneously in the demand side of Keynesian theory. Second, it was determined that the predictive power for the model of this study was better than that of the existing model. However, with some endogenous variables, it was possible to identify implications that should be developed and considered when the model is improved with additional data in the future. Third, when the second airport construction was considered, it was observed that its effect was an increase of 1.25 times for GRDP, 1.2 times for employment, 1.48 times for private consumption, and 2.06 times for investment. Also, the economic growth rate was estimated to be 1.6% point higher than when the second airport was not constructed. Finally, the results of this study are expected to be used for policy decision making of the Jeju Government.

• Journal of the Korean association of regional geographers
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• v.14 no.4
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• pp.382-393
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• 2008

Tourism Industry can be treated as means for activating the economy of regions and must be considered as new alternative. As this trend, recently. the interest of tourism area connected with health industry is increasing gradually. And so, this study investigated the domestic abroad cases and established the promotion model of health tourism through experts' opinion to push ahead health tourism as strategy industry of Jeju region. Also this study proposed the planning to improve the competition ability of Jeju region by executing the fundamental research through the survey focused on tourists.

• Ocean and Polar Research
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• v.43 no.3
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• pp.149-164
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• 2021

Since the existing mass production and consumption systems are no longer sustainable, countries are pushing for policies to make fisheries by-products as resources in an eco-friendly manner, and international standards are also being strengthened to increase the value of by-products. In Korea, economic and environmental perceptions of the by-products are rapidly changing, such as realizing carbon neutrality and enhancing circular resources by Korean Sustainable Development Goals. Raw materials derived from the by-products have been steadily imported from 2018. In particular, the number of imports of fish collagen peptides was only 16 number of times in 2017, but was rapidly increased to 483 number of times in 2020. Simultaneously, the demand for raw materials and nutrients for health functional food derived from fish by-products, which did not exist statistically until 2017, started to arise from 2018, and in 2019, consumption of high-value-added raw materials for fish by-products increased by 45% compared to the previous year. However, limitations are in legal and biotechnical industry aspects while its value as a biomaterial is recognized in the by-products-related industry. In this study, therefore, the status of by-products for upcycling biomaterials was reported and provided a scientific basis for supporting governmental strategies. In order to fulfill with the principles of a sustainable circular economy, the factors on hinder the marine bio-industrialization of the by-products were derived and suggested directions and plans for development into a high-value added the by-products as the marine bio-industry by substituting imported raw materials to support the development.

• Journal of the Korea Organic Resources Recycling Association
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• v.17 no.2
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• pp.51-58
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• 2009

In this paper checked up biomass which occurs in the Jeju as are classified as organic waste for integrated management system for review and circulation of resources. Biomass which occurs in the Jeju was the 10,818 tons of sludge, 61,284 tons of food-waste, 1,519,000 tons of livestock. Sludge is treated marine discharge, food-waste is treated regeneration and livestock is treated in the form of recycling. How to establish "System used by mechanism of recycling management on biomass resources" to introduce biomass town created by Hita-city, Oita-ken in Japan. Also there established a model system to building for recycling management of biomass and then checked up the economics. According to the report, it has the difference in facilities, but it will switch to a surplus in 4 years, therefore it was confirmed that the economy. To be considered priority most livestock in "System used by mechanism of recycling management on biomass resources" in Jeju. So it is introduced the urgent problem and the problem awaiting solution on treating livestock in this study.

• Strategy21
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• s.39
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• pp.140-162
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• 2016

The construction of Jeju Naval Base was finally completed and donated to the Republic of Korea Navy on February 26th this year. There is no doubt that the new base will contribute to the substantial augmentation of Korea's naval power and maritime security. However, we should note that the new naval base took a long and hard twenty-three years to be completed. In the 21st century, Korea should adopt a new strategy that can fulfill the security requirements of Korea for the new age of international relations. The 21st century is characterized by globalization, and in the world of globalization, a national boarder has become meaningless. In the late 20th century, after the Cold War, trade between countries have greatly increased and so did the importance of the seas. Having transformed from an agricultural country into a commercial country, Korea went from a continental state to a maritime state. Korea has become the 9th largest trading state, and obviously, the importance of the sea has become significant. Korea's national strategic focus needs to be on the sea for national survival. Thus, since the 1990s, the Korean Navy has planned to build the Jeju Naval Base. Jeju, due to its geopolitical characteristics, is extremely important to the 21st century Korea's economy and national security. Jeju is the starting point of the sea route that reaches out to the world, and at the same time, the ending point of the sea route that heads towards Korea. Jeju is located in the center of Northeast Asia and thus, Jeju Naval Base is extremely important for the area's security and order. Jeju Naval Base will be very useful not only for the maritime security of Korea, but also for keeping peace and order in Northeast Asia. Jeju Naval Base was the minimal effort against the six sea route security threats towards Korea. The six sea route threats are: 1) Threat from North Korea; 2) China's Threat towards Korea's sovereignty; 3) China's treat towards Korea's fishery; 4) Threat from Japan; 5) Threat towards Korea's sea routes; 6) Threat from recent phenomena of isolationism of the United States. Jeju Naval Base is built for both warships and civilian ships--such as cruise ships--to use. Just like the United States' Pearl Harbor, Jeju Naval Base will become not only the largest military base, but a beautiful tourist site.

• Journal of the Korean association of regional geographers
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• v.23 no.2
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• pp.269-287
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• 2017

While Jeju Free International City was promoted to overcome the economic crisis and build a new national competitiveness in the era of globalization, its development vision as 'the hub city of Northeast Asian economy in the $21^{st}$ century' has not been realized. This paper argues that Jeju Free International City to aim for the 'ideal free market model', 'neoliberal space of exception', and 'a new testing ground for neoliberal deregulation policies' has failed due to worsening of socioeconomic and environmental contradictions, growing conflicts in local community, and the logic of equity enforced by the central government. To support this claim, this article reviews the theoretical discussions of special economic zones, examines the shifts in the development visions of Jeju Free International City, and analyzes how Jeju has become a space of exception with the introduction of various exceptional policies and spatial mechanisms.