• Journal of Korea Technology Innovation Society
• /
• v.13 no.4
• /
• pp.738-757
• /
• 2010

Generally, it is known that the agglomeration economies appear in some industry clusters which were developed naturally. But, in Korea, most of industry clusters were built by government. This research was carried out to evaluate the performance of governments zoning investment, in other words, industry cluster policy. In this research, we use the data of manufacturing firms in Kyunggi-province. For the microeconomic analysis, we use the KIS-VALUE data of 2008. As the empirical test methods we use both multiple regressions and Propensity Score Matching. In conclusion, there is no evidences that firms in industry cluster have better performances. Surprisingly, in PSM analysis, we find the evidence that firms in industry cluster show less innovative performance.

• Journal of the Economic Geographical Society of Korea
• /
• v.16 no.1
• /
• pp.37-49
• /
• 2013

This paper investigates social networks of high technology firms, located in a newly developed industrial area, called 'Daedeok Technovalley' in Daejeon, Korea. While the Vally was developed as an extension of Daedeok Science Park in Daejeon, it host 400 or so technology-intensive firms. A questionnaire survey was conducted to collect data on the firms of the Vally, during January 2010, and obtained 201 completed questionnaires. Additional data, such as sales amount and employment, were collected to measure the changes of firm size. This research analysed these data to argue that the enterprises have established some networks with local institutions; however, the networks do not significantly affect on the growth of the firms.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.16 no.10
• /
• pp.6878-6887
• /
• 2015

This study applies regression analysis and propensity score matching to analyze the agglomeration economies which the characteristics of tenancy affect the performance of the manufacturing industry based on industrial parks. The estimation main data are from Kis-Value, KIPRIS and FEMIS. The results show that the industrial park tenancy tends to work positively on the management performances. But there is no evidence that on-Park firms in the metropolitan areas(Gyeonggi-do) have higher management and innovative performances than the comparable firms. The firms that have lived for a long time in the industrial parks, are good in total sales, however, they have no significant efficiency in net profit, operating profit, and patents. The firms, having several branches of the industrial parks, have lower operating profit than others. Long-term and multiple tenant firms do not learn over time nor do they establish better linkages and networks.

• The Journal of the Korea Contents Association
• /
• v.11 no.11
• /
• pp.390-400
• /
• 2011

Conducting a large-scale survey to tenants of domestic business incubators(BI) in diverse growth stages, this study investigates the level of importance, satisfaction, and expectation-fulfillment perceived by tenants on various services of BI. Results of the study show that highly ranked BIs' support services in terms of importance and satisfaction levels perceived by tenants in various growth stages are quite different than highly ranked BIs' support services in terms of the expectation-fulfillment level which is measured by the gap between the level of perceived importance and satisfaction. Such findings should help BI formulating effective support and resource allocation strategies.

• Proceedings of the Korea Society of Information Technology Applications Conference
• /
• 2007.11a
• /
• pp.107-107
• /
• 2007

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.11 no.5
• /
• pp.1-13
• /
• 2016

This study aims to observe the impacts of entrepreneurship and market orientation of Seoul's business incubator (BI) CEO's on business performance, as well as investigate the moderating effects of BI supporting services. The main objectives of this study are as follows: first, to observe how the entrepreneurship of CEO's affects business performance; second, to observe how CEO's market orientation as a cultural factor attributes to business performance; third, to verify whether the utilization level of BI supporting services shows moderating effects between entrepreneurship and business performance, and finally to verify whether the utilization level of BI supporting services shows moderating effects between market orientation and business performance. Business incubators in Seoul registered with the Business Incubator Association were surveyed both online and offline to receive 127 responses out of 320 circulations. By filtering out insincere reponses, 117 were used for statistical analysis. Our results assert that the utilization level of physical BI supporting services does indeed strengthen the relation between initiative and financial performance. Also, it is interesting to note that the utilization level of physical BI supporting services supports the relation between risk sensitivity and financial performance. While risk sensitivity on its own shows no positive effect on business performance, a suitable utilization level of BI supporting services is likely to strengthen the connection. In addition, the utilization level of both physical and non-physical supporting services shows a moderating effect between initiative and non-financial performance. Based on the results above, risk-taking business incubator CEOs with initiative are likely to yield better financial performance in terms of increasing sales, if provided with various physical supporting services such as sufficient educational facilities including communal spaces and conference rooms.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.10 no.1
• /
• pp.13-21
• /
• 2015

To determine the effect of employment stability by business incubator manager on the service level and management performance by new businesses, the survey of 215 businesses at 50 business incubator centers over the country was conducted. This study is to confirm that employment stability by business incubator manager is one of significant variables to support growth of new businesses. As a result of study, with respect to the effect of employment stability by business incubator manager on the supportive service level and management performance by new businesses, the group with higher employment stability by manager revealed statistically more significant effect than the group with less did, and the group with higher employment stability showed higher manager performance as well. Furthermore, as a result of analyzing the relationship between supportive service level and management performance and performance by manager, as performance by manager is higher, the service satisfaction and management performance by new businesses were higher. This indicates that to support successful new business by the business incubator, the center shall ensure employment stability of a manager to establish the condition of stable support for new businesses, and that through enhancement of professionalism by a manager, the foundation to support growth of new businesses shall be prepared as well.

• Journal of Venture Innovation
• /
• v.7 no.2
• /
• pp.1-17
• /
• 2024

This study analyzed the effect of moving into an industrial park on the performance of a company using data from individual companies. In addition, regional variables were additionally set, and industrial complexes were divided into metropolitan and non-metropolitan areas for comparison. Data were collected through KIS-2022 (manufacturing) to verify the hypothesis. In the case of the analysis method, multiple regression analysis and Propensity Score Matching(PSM) were first used. The analysis results are as follows. First, it was found that companies that moved into industrial park had a positive effect on innovation performance than companies that did not move in. Second, in terms of financial performance, there was no statistically significant difference between companies that moved into the industrial park and those that did not. Third, there was a significant difference between companies that moved into industrial park and those that did not, depending on the metropolitan and non-metropolitan areas. Based on these analysis results, policy and academic implications could be presented.

• International Commerce and Information Review
• /
• v.16 no.5
• /
• pp.387-407
• /
• 2014

The purpose of this study was to substantially survey the satisfaction of resident companies in Incheon Free Economic Zone to improve the investment environment of Incheon Free Economic Zone to attract more resident companies. This study implies that additional industrial lots should be secured and the restrictions against small/medium companies should be alleviated so they can grow into strong companies considering that the resident companies in Incheon Free Economic Zone are highly satisfied with their business in Incheon Free Economic Zone. As resident companies' satisfaction with administrative support, recruitment, and industrial infrastructure is low, Incheon Free Economic Zone Authority should understand and improve the specific complaints of resident companies.

• Journal of the Korean association of regional geographers
• /
• v.15 no.3
• /
• pp.409-420
• /
• 2009

This study aims at analyzing location and policy factors influencing the move-in decision of apartment factories on the case study of middle and small sized companies in Daegu City. The main results of this study are as follows. Firstly, analyzing the questionnaire survey results, 58.2% of response companies have the intentions to move-in apartment factories. Secondly, through the factor analysis to the location factors, 5 factors such as network, move-in cost, accessibility, factory space and labor are derived. And through the factor analysis to the policy factors, 3 factors such as management support policy, pecuniary support policy and administrative support policy are also derived. Finally, analyzing logistic regression analysis, we can find pecuniary support policies influence the move-in decision of apartment factories.