The purpose of this research is to identify the determinants of regional competitiveness, in order to increase policy effectiveness and to anticipate implications for government agencies, as the paradigm in regional development policy has shifted from ‘balance’ to ‘efficiency’. Regional...

Korea, a small open economy, is characterized by its high dependency on the international environment and this also applies at the municipal level. In the past, Korea’s economy grew by exporting goods of its main industries and in this process, certain strategically selected provinces paved...

Since the importance of innovation as a means of industrial development and economic growth has been emphasized, the region has played a key role as an appropriate spatial unit of innovation policy and a spatial scope in which connections and exchanges between innovators are more active....

The recent slowdown of several of Korea’s major industries is raising fears of an economic slump, especially in related businesses or regions that rely heavily on such sectors. The interdependence of economic activities formed through production or capital investments means that the impact of...

A cluster is a geographic concentration of interconnected companies and associated institutions in a particular field. It is widely accepted that clusters generate better economic performance than simple aggregations of companies, as mutual influence between clusted firms makes knowledge sharing...