• Title/Summary/Keyword: national economic development

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Development of Science and Technology Park (STP) in Indonesia to Support Innovation-Based Regional Economy: Concept and Early Stage Development

  • Soenarso, Wisnu S.;Nugraha, Dadan;Listyaningrum, Eryda
    • World Technopolis Review
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    • v.2 no.1
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    • pp.32-42
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    • 2013
  • Science and Technology Park (STP) is perceived to be a vehicle in promoting innovation-based economic growth within the framework of regional and national innovation systems. STP is a tool to encourage regional innovation and competitiveness in increasing contribution of science and technology in economic development. STP can also be a leading sector in creating conducive environment for local community's technopreneurship. In relation to the vision outlined in the 2025 Indonesian Master Plan of Acceleration and Expansion of Indonesia's Economic (MP3EI), STP is stated to be an important element in creating innovation within the framework of Special Economic Zone among six Economic Corridors. Hence, the government of Indonesia continues to encourage the development of STPs in Indonesia by involving local governments, universities, business players and stakeholders surround the area. Ultimately, STP is a platform in developing National Innovation System (NIS) and Regional Innovation System (RIS).

Status and Development Direction of Incheon Free Economic Zone - Through comparison with the Special Economic Zone of China - (인천 경제자유구역의 현황과 발전방향 - 중국 경제특구와의 비교를 통해 -)

  • Seo, Yeong Jin;Park, Ju Moon
    • Journal of Urban Science
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    • v.7 no.1
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    • pp.11-21
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    • 2018
  • Abstract: Korea has designated free economic zones to build the foundation for national economic development by setting up special economic zones to be more competitive in cities. On August 5, 2003, the government designated Songdo, Yeongjong and Cheongna districts in Incheon as free economic zones. But while the development should have been completed nearly three years before the end of the development, the development has been slow and the population, foreign direct investment and other business results are far from the initial plan. Therefore, in this study, we will investigate the various problems occurring in the Incheon Free Economic Zone, investigate the causes of the problem, and then compare and analyze the Incheon Free Economic Zone and China's special economic zones. The two institutions share similar characteristics in many areas, but the Incheon Free Economic Zone system has yet to be settled, as the special economic zone has played a significant role in economic development in China. Therefore, the study is expected to find a solution to the problems of the free economic zones in Incheon and provide directions for future development.

A Study on the Location Selection of North Korean Economic Development Zone Using AHP (AHP를 활용한 북한 경제개발구의 산업 입지선정 분석에 관한 연구)

  • Park, Chul-Soo
    • Journal of the Korea Safety Management & Science
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    • v.22 no.4
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    • pp.87-100
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    • 2020
  • Economic Development Zone(EDZ) in the province is one of the foreign policy for economic development of North Korea. North Korea has promulgated 27 Economic Development Zones(5 EDZs as central level and 22 EDZs as provincial level) to promote economic growth through the expansion of external opening policy. EDZs of the provinces play an important role in North Korea's national and regional economic growth. The purpose of this study is to select analytical criteria that can be quantified when considering the location conditions of North Korean economic development zones when domestic companies advance into North Korea according to the progress of inter-Korean economic cooperation, and derive the relative importance between the criteria. After that, based on this, we intend to quantify the evaluation of the location priority of the economic development zone. In this study, through AHP analysis results, when domestic companies enter North Korea, we derive the importance and preference of location selection factors when considering the location conditions of North Korean economic development zones. Taking into account the reality of North Korea when the Korean company entered the North economic development zone following location for evaluation. That is, logistics and transportation, industrial infrastructure, competitiveness, and management incentives. And 14 sub-factors were selected and AHP analysis was performed.

Features of the Socio-Economic Development of the Countries of the World under the influence of the Digital Economy and COVID-19

  • Kryshtanovych, Svitlana;Prosovych, Olha;Panas, Yaroslav;Trushkina, Nataliia;Omelchenko, Vladyslav
    • International Journal of Computer Science & Network Security
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    • v.22 no.2
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    • pp.9-14
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    • 2022
  • The main purpose of the study is to determine the main features of the socio-economic development of the countries of the world under the influence of the digital economy and COVID-19. The modern world has already taken the first step towards a fundamentally new technological, economic and social reality. However, the challenges facing the modern industrial society cannot be overestimated. We are talking about changing the global socio-technological order, the consequence of which is a complete reformatting of the systems familiar to us, the formation of new social and economic strategies. the technological paradigm is immediately changing, management models and social norms are changing, large-scale demographic shifts are taking place. As a result of the study, key aspects of socio-economic development in the digital economy were identified.

An Analysis of the Impact of National ICT Development on Economic Growth (국가정보화가 국가경제 성장에 미치는 영향분석 - 패널데이터 분석을 중심으로 -)

  • JIN, SANGKI;Cho, Cheong Moon
    • Informatization Policy
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    • v.19 no.3
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    • pp.64-93
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    • 2012
  • This paper attempts to empirically verify the theoretical assumption that ICT factors actually affect national economic development. To this end, this study uses a research model, 'balance model of supply-demand', which consists of IT supply, IT demand and IT policy dimensions. Also, this paper employs several socio-economic factors such as 'size of population', 'consumer price increase', 'national transparency', and 'education'as the moderating variables. The result through the panel data analysis finds it statistically relevant to relate the ICT capacity to each country's economic growth. Also, the study finds that moderating variables were highlighted as important elements of national development: these variables actually moderate the ICT capacity's effects on each surveyed nation's economic growth. Finally, this paper suggests policy implications that nations should consider when developing national informatization policies to drive national economic growth.

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Development of the Agro-Industrial Complex for Improving the Economic Security of the State

  • Petrunenko, Iaroslav;Pohrishcuk, Borys;Abramova, Maryna;Vlasenko, Yurii;Halkin, Vasyl
    • International Journal of Computer Science & Network Security
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    • v.21 no.3
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    • pp.191-197
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    • 2021
  • Ensuring the economic security of agro-industrial complexes of Ukrainian regions has become a top-priority task of state regional policy, as their stable functioning is an essential element of economic security of the whole country. It is overcoming threats to the development of the agro-industrial complex that ensures its further effective functioning and has a significant impact on the economic security of our state. Methods: logical method; methods of system analysis; synthesis; economic and statistical method; method of expert assessment; SWOT analysis; economic and mathematical modelling and planning. Results. Characteristic features of economic security have been given. The essence and significance of the agro-industrial complex in improving the economic security of the state have been determined. It has been noted that in recent years, the agro-industrial complex, which acts as a driver of the domestic economy and has a direct impact on the development of the country, has been growing (in 2019 the cereal and legume harvest exceeded 75 million tons, 20,269 thousand tons of potatoes were dug, more than 15 million tons of sunflower, 9,688 thousand tons of vegetables and 2,119 thousand tons of fruits and berries were harvested, meat and egg production increased by 137.5 thousand tons (or 5.8%) and 545.5 million pieces (or 3.4%), respectively, the number of employed population in agriculture increased by 139.8 thousand people (or 4.9%), the labour productivity in crop production increased by UAH 294.4 thousand (or 44.6%), in livestock production - by UAH 311.3 thousand (or 61.8%)). Based on the system of production and economic indicators, the analysis of the state of the agro-industrial complex has been carried out. Taking into account the results of the obtained data and using SWOT-analysis, the major threats to the development of the agro-industrial complex have been identified. Ways of overcoming threats enhancing the economic security of Ukraine have been proposed.

The Semiconductor Industry and High-Quality Economic Development: An International Perspective

  • Eun-Young Nam;Xiao-Long Wang
    • Journal of Korea Trade
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    • v.26 no.7
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    • pp.77-92
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    • 2022
  • Purpose - This paper is an empirical investigation of the mediation effect of innovation activity in industry transformation considering the relationship between the semiconductor industry and high-quality economic development. The research questions are whether the semiconductor industry drives high-quality economic development and if so, what is the semiconductor industry's role in high-quality development? We found that the semiconductor industry has clearly improved the quality of economic development, and its comparative advantage has significantly increased per capita national incomes. Furthermore, innovation activity proved to be an intermediary factor for the semiconductor industry to promote high-quality economic development. The world economy should aim to reasonably develop the international semiconductor industry and cultivate innovation markets. Design/methodology - Our empirical model considers the relationship between the semiconductor industry, innovation activity, and high-quality economic development. We constructed an analysis framework based on data from 199 World Bank economies between 1995 and 2019, and we used a mediation effect method to calculate the total effect of the semiconductor industry on promoting high-quality economic development, the indirect effect of the semiconductor industry on promoting innovation activity, and the mediation effect of these innovation activities on the promotion of high-quality economic development. Findings - The results show that the semiconductor industry has significantly promoted high-quality economic development. This is true even after the robustness test of grouping and alternative variables was applied. An analysis of the mechanism shows that promoting patents, scientific research, efficient government, and urban management innovation are important mechanisms for the semiconductor industry to release high-quality development dividends. Originality/value - Although it has been shown that specific industries like semiconductors can affect high-quality economic development through industrial upgrading, few researchers have attempted to empirically test the impact of the semiconductor industry on high-quality economic development. In this paper, we use a mediation effect model, alternative variables and a grouping test to find the internal mechanisms of the comparative advantage of the semiconductor industry in high-quality economic development from the perspective of innovation activity.

The Impact of Credit and Stock Market Development on Economic Growth in Asian Countries

  • NGUYEN, Bao K.Q.;HUYNH, Vy T.T.;TO, Bao C.N.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.9
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    • pp.165-176
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    • 2021
  • The paper has used the Solow-Swan growth model to analyze the long-term impact of credit market development and stock market development on economic growth in Asia from 2000 to 2019. The empirical model is performed with panel cointegration analysis by Common Correlated Effects (CCE) method with cross-sectional dependencies. The results find that there exists a cointegration relationship among stock market, credit market development, and economic growth. These results also show that financial structure improves the exact impact of financial development on economic growth, namely the opposite effect of stock market development and credit market development. Moreover, the Granger causality test reveals a bi-directional relationship between credit market development and economic growth, while only unidirectional causality from stock market development to economic growth for the whole group panel. And it is different for a specific country, according to Kónya's test. The view of the new structuralism does not apply in the Asian financial system when we estimate the Nonlinear Autoregressive Distributed Lag model (NARDL) to analyze the asymmetric relationship between financial structure and economic growth. On the whole, policymakers can draw on the findings to provide policy implications to improve their country's financial system as well as pursue the goal of sustainable economic growth.

Methodological Approaches to Estimation of Economic Growth and Sustainable Development: Kazakhstan's Experience

  • NURLANOVA, Nailya K.;OMAROV, Akedil K.;SATPAYEVA, Zaira T.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.4
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    • pp.317-324
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    • 2020
  • The study aims to analyze the theoretical background of the economic growth and sustainable development; systematization of scientists view on monitoring and economic and innovative evaluation, analysis and diagnosis of factors affecting these processes. Rating characteristics of the level of innovative resources development obtained based on the comparative analysis of Kazakhstan regions. Calculations were done based on official statistics during 2010 and 2015-2017. Based on obtained data there has been grading of the country regions and their ratings were determined by the level of development of innovative resources. This research identifies areas and mechanisms to ensure balanced sustainable development of the national economy. The findings suggest that sustainable development of the state is affected by the innovative activity of the regions, the sustainable development of which is ensured by innovative enterprises. Transition to the model of sustainable territorial development involves the formation of such conditions and the use of mechanisms under which the natural base of this development is not destroyed, the environment suitable for human existence is preserved and reproduced. The findings of this research support for pursuing a national policy of reducing regional imbalances, and promoting a more balanced and sustainable development of the whole country.

Proposal of a prototype plant based on the exfoliation process for the treatment of irradiated graphite

  • Pozzetto, Silvia;Capone, Mauro;Cherubini, Nadia;Cozzella, Maria Letizia;Dodaro, Alessandro;Guidi, Giambattista
    • Nuclear Engineering and Technology
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    • v.52 no.4
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    • pp.797-801
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    • 2020
  • Most of irradiated graphite that should be disposed comes from moderators and reflectors of nuclear power plants. The quantity of irradiated graphite could be higher in the future if high-temperature reactors (HTRs) will be deployed. In this case noteworthy quantities of fuel pebbles containing semi-graphitic carbonaceous material should be added to the already existing 250,000 tons of irradiated graphite. Industry graphite is largely used in industrial applications for its high thermal and electrical conductivity and thermal and chemical resistance, making it a valuable material. Irradiated graphite constitutes a waste management challenge owing to the presence of long-lived radionuclides, such as 14C and 36Cl. In the ENEA Nuclear Material Characterization Laboratory it has been successfully designed a procedure based on the exfoliation process organic solvent assisted, with the purpose of investigate the possibility of achieving graphite significantly less toxic that could be recycled for other purpose [1]. The objective of this paper is to evaluate the possibility of the scalability from laboratory to industrial dimensions of the exfoliation process and provide the prototype of a chemical plant for the treatment of irradiated graphite.