On the Growth of Korean Technoparks

Albert Link and Yang U Yeong ()
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Yang U Yeong: University of North Carolina at Greensboro, Department of Economics

No 17-7, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

Abstract: The Republic of Korea undertook a major initiative in the early 1970s to integrate high-technology industry with its regional development strategy. This effort involved three phrases: the development of science towns in the 1970s, the initiation of a technopolis program in the 1980s, and the establishment of science parks or technoparks in the 1990s. We focus on the third phase in this paper, and we identify empirically covariates with the employment growth of Korean technoparks. We find faster employment growth in parks established after the ICT revolution in 2000, in parks with tenants involved in more complex technology development, and in parks with more research-intensive tenants.

Keywords: science park; technopark; Korea; entrepreneurship; technology; innovation (search for similar items in EconPapers)
JEL-codes: O21 O31 R11 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2017-06-26
New Economics Papers: this item is included in nep-ent, nep-gro, nep-his and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Journal Article: On the growth of Korean technoparks (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:uncgec:2017_007

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