• Title, Summary, Keyword: Region innovation policy

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Policy Recommendation for New Regional Industrial Policy in the Fourth Industrial Revolution Era (4차 산업혁명시대의 새로운 지역산업정책방향에 대한 정책제언)

  • Lee, Daeshik
    • Journal of Digital Convergence
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    • v.17 no.6
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    • pp.193-200
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    • 2019
  • This study analyzes the current status and performance of regional industrial policy in the face of the weakening industrial competitiveness under the global trend of the 4th industrial revolution and suggests the policy direction that regional industrial policy as a new national growth strategy. This study focuses on the suggestion of new regional industrial policy framework under new policy environment based on literature review. We propose a new industrial policy framework that simultaneously pursues equality between regions and efficiency within the region at the same time. As a core policy recommendation, we suggest first, establishing the region-centered industrial policy governance, second, strengthening planning function of local government through human resource development and institutionalized national government consulting, and the third, constructing lifestyle industry-ecosystem based on cultural asset and identity of region, fourth, utilizing Smart City, as a platform for participatory innovation, entrepreneurial and capital attraction, and cultivating new industry based on public procurement and data. Main suggestions of this study would be a new guideline coping with the declining industrial competitiveness and the Fouth Industrial Revolution. Details would be necessary.

Analysis on the Network Formation Process of Wine Industry based on Patents for Technological Innovation in China: Focused on government support-based Shandong region (중국 와인산업의 특허기반 기술창출 네트워크 형성과정 분석: 산동지역의 정부지원 정책을 중심으로)

  • Choi, HaeOk
    • Journal of the Economic Geographical Society of Korea
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    • v.18 no.1
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    • pp.103-114
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    • 2015
  • This research aims to identify the network formation process of wine industry based on patents for technological innovation focused on Shandong region. China government initiated supporting policy upbringing wine cluster in Shandong for regional economic development since 2006. First of all, China government focused on upbringing wine industry on the network formation process. Especially, it is evaluated that Shangdong region develops wine industry by research-oriented. Secondly, for the purpose of this research, the formation of network in Shandong region explained the strategy of Chinese government corresponded with growing wine industry. As a implication from the network formation process, this research confirmed that the wine industry grows industry-university-government linkages strategically according to government strategy with government policy integration integrating regional development.

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Competition, Collaboration and Innovation Networks in Regional Economic Development: The Case of Chonbuk (지역경제발전에서의 경쟁, 헙력 및 혁신 네트워크: 전북의 경우)

  • Baek, Young-Ki
    • Journal of the Economic Geographical Society of Korea
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    • v.9 no.3
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    • pp.459-472
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    • 2006
  • This paper examines the implication of competition and collaboration in the innovation process for regional economic development in an increasingly knowledge-based economy. While competition is an important force in securing the competitive advantage of firms, collaboration between firms and organizations should be necessary for promoting the innovative capacity of a region. This study shows that collaboration relations based on trust and stability is important for the long-term development of learning and innovation in competitive environment, and the way how spatial proximity plays an important role in interactive learning processes. It also discusses the reason why the innovative networks facilitating the exchange of tacit knowledge should be embedded in region. Finally, the paper examines the possibility of the networks based on collaboration relationship in less-favored regions such as Chonbuk, and suggests the policy implication of the result for achieving regional innovation systems in the region successfully.

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Research on Characteristics Classification of Regional Operation System of the Shared Research Instrument: Exploratory Case Study of Gyeonggi Region, Korea (지역 연구 공용장비 운영체계 개선을 위한 특성 분류 연구: 경기도 지역에 대한 탐색적 사례연구를 중심으로)

  • Hong, Jae-Keun;Chung, Sun-Yang
    • Journal of Korea Technology Innovation Society
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    • v.14 no.4
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    • pp.833-859
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    • 2011
  • This study aims to draw the characteristics of the regional operation system of the shared research instrument service, which contributes to the R&D investment efficiency by the avoidance of duplicated research instrument investment and the enhancement of the network collaboration. So from the perspective of technology infrastructure policy and regional innovation system, Gyeonggi region of Korean metropolitan area has been analyzed for the case study. The case study has been conducted by 2 step process of within-case analysis and cross-case analysis. Firstly, the characteristics of operation system of the shared research instrument have been examined through various research methods. Secondly, in the cross-case analysis, the examined issues and problems have been organized by the matrix of 3 organizational governance characteristics and 4 issues to facilitate the regional policy approach. The issues deducted by the cross-case analysis have been deducted as (1) 'usage fee charge system', 'relevant method for the performance index and measurement of the instrument service management' for the regional policy led case, (2) 'performance management issue', 'financial and managerial accounting system for the instrument operating division', and 'change of budget support scheme' for the joint operation case and lastly (3) 'usage facilitation after the expiration of research lab support project' for the university led case.

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Entrepreneurial Learning and Indian Tech Startup Survival: An Empirical Investigation

  • Krishna, HS
    • Asian Journal of Innovation and Policy
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    • v.7 no.1
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    • pp.55-78
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    • 2018
  • This paper investigates the linkage between the mode of transformation of entrepreneurial learning into outcomes and the subsequent impact of these learning outcomes in enhancing the survival of high-tech startups in India. The study uses data from 45 high-tech startups headquartered across different locations in India for the purpose of analysis. Survival Analysis of the data is conducted to determine which mode of learning transformation and what type of en trepreneurial decision making preference have a significant influence on the survival of Indian high-tech startups and to what extent do they impact their survival. The results indicate that entrepreneur's prior startup experience, explorative mode of learning transformation, causal decision making of the entrepreneur and availability of funding for the startup as the key factors that reduce the time to survival of Indian high-tech startups. They also provide key insights on how these factors impact the startup survival in this region.

Elaboration of Real Options Model and the Adequacy of Volatility

  • Sung, Tae-Eung;Park, Hyun-Woo
    • Asian Journal of Innovation and Policy
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    • v.6 no.2
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    • pp.225-244
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    • 2017
  • When evaluating the economic value of technology or business project, we need to consider the period and cost for commercialization. Since the discounted cash flow (DCF) method has limitations in that it can not consider consecutive investment or does not reflect the probabilistic property of commercialization cost, we often take it desirable to apply the concept of real options with key metrics of underlying asset value, commercialization cost, and volatility, while regarding the value of technology and investment as the opportunity value. We at this moment provide more elaborated real options model with the effective region of volatility, which reflects the uncertainty in the option pricing model (OPM).

Exploratory Analysis Of Performance On ChungNam TechnoPark (테크노파크 역할에 대한 탐색적 연구: 충남 TP성과분석을 중심으로)

  • Lee, Sang-Baig;Kim, Hyun-Goo;Han, Junghee
    • Journal of Industrial Convergence
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    • v.14 no.1
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    • pp.15-25
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    • 2016
  • A technopark is an industrial and technological complex where personal, material and technological resources, scattered to businesses, academic institutions, research facilities and governments are gathered into a single place. Technopark's role is facets. The aim of this study is to offer new policy services for firms by utilizing the exploratory methodology for Chungnam Technopark's performance for three year (2011 ~2013). Through the findings, this study suggests that policy support for firm's growth in Chung Nam Region have been effective and fruitful in terms of total sale and increase of employees. But, technological performance measured by patents has not enough to catch the innovation. Chungnam Technopark should be more focused on technological policy supports including R&D as well as commercialization. Ultimately in order to have sustainabilities for own firm's growth, firms should keep going on ceaseless create the new technological performance. In that sense, for regional specific industry Technopark's role has been critical for not only firm's current growth but firm's innovation competency.

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STI POLICY AND ACADEMY-INDUSTRY COOPERATION FOR INNOVATION AND ENTREPRENEURSHIP IN DAEJEON, KOREA (혁신과 창업을 위한 대전의 과학기술정책과 산학협력)

  • Lee, Won-il;Choi, Jong-in
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.10 no.1
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    • pp.33-44
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    • 2015
  • This study reviews technological innovation to examine science, technology, and innovation (STI) policies and strategies for academy-industry cooperation for innovation and entrepreneurship in Daejeon. STI policy in Daejeon is based on a vision that harmonizes regional and national policies at a regional level, fostering of a key innovation cluster and strategic industries in Daejeon, and a new growth engine of converging industries such as information technology (IT), biotechnology (BT), and nanotechnology (NT). This paper proposes the following: First, considering the harmony of national and regional policies, STI policy should be promoted at the regional level considering venture and SMEs. Second, we recommend nurturing a global innovation cluster as part of a regional STI and venture ecosystem. This will support the region of Daejeon as the heart of a global innovation cluster by having Daedeok Innopolis and the International Science and Business Belt as its two major axes. Third, we recommend strengthening academy-industry cooperation in Sejong and other regions.

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Smart Specialisation Strategy and the Role of Strong Clusters: As a Development Leverage in Asia

  • Anastasopoulos, Despina;Brochler, Raimund;Kalentzis, Arion Louis
    • World Technopolis Review
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    • v.6 no.2
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    • pp.102-112
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    • 2017
  • In this increasingly globalised and rapidly-changing world, the various challenges that can arise are also increasingly globalised and complex. These may range from economic, environmental, societal or even demographic challenges. Solutions should therefore be applicable world-wide, but they need to be properly adapted to the specifications and needs at the regional and country level. This implies that past models of centralised innovation can be progressively substituted by new approaches based on openness and strategic collaboration between the various players involved. There are various models of openness and collaboration in research, development and innovation creating scientific networks at different levels. This paper is designed in a way to present the concept of smart specialisation and clusters and how they are linked and contribute to the support of Smart Specialisation Strategy in the Asian countries. The following paragraphs describe how smart specialisation is applied and the importance of clusters in developing a S3 strategy. In addition, the status of cluster policies in Asia as well as the steps towards S3 are also presented. The status of cluster policies and their steps towards S3 policies in Asia are described. The approach of China to adopt S3 in their R&I policy is also presented. The scope of this paper, is to demonstrate the policy framework of cluster and S3 policies in the region of Asia and how they are applied. China has been further analysed as a case, since they are more active in applying such policies.

The Innovation Milieu of Red Pepper Agro-Industry District in Bonghwa County : A Cluster Perspective (지역 농산업산지의 혁신환경과 클러스터 육성전략 : 봉화군 고추농산업 사례)

  • Lee, Jong-Ho
    • Journal of the Korean association of regional geographers
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    • v.11 no.2
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    • pp.233-246
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    • 2005
  • This paper aims to explore the innovation milieu of red-pepper agro-industry in Bonghwa County, in the northern part of Gyeongbuk Province, and suggest policy recommendations for bringing up local agro-industry from a cluster perspective. It turns out that the capabilities of Bonghwa red-pepper agro-industry to innovate are remarkably weak let alone soft infrastructures such as learning networks between innovation agents and social capital. In this sense Bonghwa red-pepper agro-industry can be viewed as an agricultural area simply specialized in production sector rather than a kind of agro-industry cluster. For moving up Bonghwa red pepper industry into an innovative cluster, the paper suggests that the policy makers need to focus on cultivating local learning communities, building a region-wide incorporated brand, promoting the local agricultural technology centre as a network hub of cluster and fostering the functional links between universities and local innovation agents, covering farmers, agricultural organizations, agro-food producers and the local government.

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