• Journal of the Economic Geographical Society of Korea
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• v.12 no.1
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• pp.67-82
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• 2009

This paper examines the regional economic development policies of the Welsh Development Agency for attracting companies from the perspective of industrial location theory. The Welsh Development Agency has succeeded in attracting domestic or international capital, as a core actor for the regional economic development, and responded to the changing business environment and to the specific and various needs of the investors. The analysis of the Welsh case provides an important theoretical and practical implications. First, the Welsh case shows the importance of the role of the public sectors for the regional economic development. As the behavioral approach and the industrial location theory argue, the attraction of domestic or international capital led to the regional economic development. Second, the effective activities for attracting capital played an important role in the development. The quality and quantity of the information, in the industrial location theory, and the capacity of the business groups, in the behavioral approach, are significant factors of the development. Third, incentives by the Agency are also important. This finding not only supports the classical location model based on the cost and profits, but also the behavioral approach. Finally, the Welsh case could not succeeded in gaining regional economic competitiveness, even though attracting companies, by disregarding the industrial specialization strategy at the local level. This implies that we need to build industrial clusters. In sum, the behavioral approach has significant implications to the understanding of the public policies for attracting companies.

• Proceedings of the Korea Society of Design Studies Conference
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• 2001.10a
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• pp.2.2-2
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• 2001

• Proceedings of the Korean Nuclear Society Conference
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• 2005.05a
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• pp.974-975
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• 2005

• CDE review
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• v.20 no.1
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• pp.55-74
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• 2014

• Proceedings of the Korean Society of Precision Engineering Conference
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• 2006.10a
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• pp.465-466
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• 2006

• Proceedings of the Korean Society for Emotion and Sensibility Conference
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• 2004.11a
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• pp.25-25
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• 2004

• Journal of the Korean Regional Science Association
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• v.14 no.2
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• pp.85-105
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• 1998

This paper examines spatial of industrial restructuring in Korea during the period of 1983 to 1993. Changes in manufacturing location are analyzed using both descriptive and statistical methods. The results strongly suggest that industrial restructuring has brought about a new locational trend of decentralization toward formerly less industrialized regions away from traditional centers. With reduced disparities between core and peripheral regions, the new process of spatial restructuring provides an opportunity for more balanced territorial development in Korea.

• Proceedings of the SAREK Conference
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• 2007.06a
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• pp.208-208
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• 2007

• Proceedings of the Korean Powder Metallurgy Institute Conference
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• 2006.09b
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• pp.901-902
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• 2006

Powder forging has progressed in three decades through the stages of incubation, growth, and maturity, now accounting for 8% of the $5 B global PM market. In this presentation, a history of the technical development of powder forging will be recounted, from early failed attempts and misconceptions, through seminal academic and industrial research, to technical and commercial success. Discussion covers the contributions of government and industrial funding, fundamental knowledge development, and industrial champions for successful implementation. The focus is on lessons learned that may be beneficial to the transition of other technologies for the powder metallurgy industry.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.3 no.3
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• pp.75-78
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• 1980

1) The great expansion of industrial activity based on largely upon the products of scientific research, with widespread ownership and with greater demands on accounting for financial control and reporting. 2) The search for productivity, through the development of the mass production systems in industry, with their great emphasis on cost accounting and efficiency 3) The trend toward greater government influence In the affairs of business through taxation and regulation.