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- W4289816512 abstract "This study empirically analyzes the effects of development, location and operation features of a technology complexes (so-called ‘Technopark’) on the regional economic growth, which are being constructed as a part of the government’s policy initiatives to establish a regional industrial clustering and regional innovation system, and foster regional industries. The empirical analysis is conducted with Panel FGLS. The major findings are as follows. First, it is found that the expansion of direct use spaces such as technology, R&D, and support services has a positive effect on regional economic growth as they increase corporate performance. Second, it is confirmed that business cost of a technopark to foster strategic industries and individual companies in the region has a significant effect on the regional economic growth. Third, it is also found that private technoparks had better effects on regional economic growth, compared to public technoparks, as they are more flexible in dealing with fast changing industrial environment. Fourth, it is shown that technoparks created in non-metropolitan areas has a greater impact on the regional economy. Fifth, it is suggested that the regional industrial specialization policy based on technopark construction has a significant effect on the regional economic growth. With findings, this study suggests that it is necessary to promote a policy for activation and specialization of regional industry by expanding and creating a technopark in underdeveloped areas." @default.
- W4289816512 created "2022-08-05" @default.
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- W4289816512 date "2022-07-01" @default.
- W4289816512 modified "2023-10-05" @default.
- W4289816512 title "The Effects of Technopark Development, Location, and Operation Features on Regional Economic Growth Using Panel FGLS" @default.
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- W4289816512 doi "https://doi.org/10.30902/jrea.2022.8.2.57" @default.
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