Empirical research on Korea innovation cluster evolution and its influencing factors

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Science Research Management ›› 2014, Vol. 35 ›› Issue (9) : 36-43.

He Bin¹, Fan Shuo²

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Abstract

Using spatial econometric method to analyze the Korea Innovation Cluster's development characteristics and trends, and use space panel data models to examine the influence of knowledge integration, networking, venture capital, government investment, SME incremental innovation on the Korea Innovation Cluster. The results show that, large enterprises and government's role is relatively large, while universities, research institutions and the small business's role is not significant In Korea Innovation Cluster's development process. Korea's experience gives us a lesson that face different stages of economic development should take appropriate innovation cluster development, rather than blindly copying western experience.

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Korea / innovation clusters / spatial econometric methods / Moran I index / GMM estimation

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He Bin, Fan Shuo. Empirical research on Korea innovation cluster evolution and its influencing factors[J]. Science Research Management. 2014, 35(9): 36-43

References

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