Analysing policy priorities for the Incheon aviation industry using importance-performance analysis and analytic hierarchy process techniques: A cluster-based perspective

Gwang Min Yoo, Sunjoo Kwak and Sung Hoon Jeh
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Gwang Min Yoo: Senior Researcher, Incheon Technopark
Sunjoo Kwak: Professor, Department of Public Administration, Hankuk University of Foreign Studies
Sung Hoon Jeh: Associate Professor in the Department of Russian Studies, Hankuk University of Foreign Studies

Journal of Airport Management, 2022, vol. 16, issue 3, 290-303

Abstract: The purpose of this paper is to analyse policy priorities for the Incheon aviation industry from a cluster-based perspective. To this end, the present research conducted a survey of aviation professionals and performed an importance-performance analysis (IPA) and analytic hierarchy process (AHP) using the survey results. According to the IPA, investment in infrastructure construction and R&D was found necessary to further advance the aviation industry. The AHP analysis of strategy priorities found that, in order to increase the overall potential of the aviation industry, it would be more beneficial to evenly distribute resources among the three strategies identified through the expert survey, rather than concentrating investment on a particular strategy. Nevertheless, infrastructure construction was analysed as the most urgent among the three strategies. Taken together, the analysis results suggest that it would be strategically desirable for Incheon Metropolitan City to place a priority on expanding and strengthening industrial infrastructure to increase the economic potential of not only the Incheon aviation industry but also Incheon International Airport.

Keywords: Aviation industry; AHP; IPA; policy priority; cluster policy; incheon international airport (search for similar items in EconPapers)
JEL-codes: M1 M10 R4 R40 (search for similar items in EconPapers)
Date: 2022
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