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Title A Study on the Economic Self-sufficiency of Innovation Cities in Korea
Authors Young-Jae Song ; Jeeyeop Kim
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(Cover Date)
Vol.27 No.6(2020-12)
Keywords Innovation City; Self-sufficiency; Independence index; Jobs-housing ratio; Self-sufficiency land
Abstract In this study, we wanted to analyze the impact of Innovation Cities created for sustainable development on the economic self-sufficiency of the region. The targets of the analysis were limited to eight Innovation Cities, excluding the Busan Innovation District and Jeju Innovation City, among the 10 Innovation Cities in Korea. To this end, the change in economic self-help stones was analyzed using commuting OD data from 10 regions where eight Innovation Cities were located. The results were as follows First, the creation of an Innovation City confirmed that the region was growing into an economic hub. This is believed to be the increase in the proportion of jobs that secure jobs and create high value-added jobs in the region, as the creation of industrial, academic, and annual clusters, a key strategy for creating Innovation Cities, has been the result of surrounding industries. Second, there is a phenomenon of separation of directives in Innovation City areas. Industrial, academic, and annual clusters have become a base for integrating industries by providing new locations to companies in the surrounding region, and as a result, it is believed that the separation of workers in and outside the region is occurring. Third, it was confirmed that the relocation of public institutions contributed to strengthening economic self-sufficiency in the early Innovation City areas. Although the relocation period is not much different from the time when apartments were moved in, it is believed that the newly formed economic hub of former public institution workers in the region contributed to the economic conditions of the region.