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A study on the urban industrial location policy for the vitalization of regional economy

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  • A study on the urban industrial location policy for the vitalization of regional economy
  • Seo, Yeon mi; Ryu, Seung han; Chang, Cheol soon; Kang, Ho je; Park, Jung-ho
  • Korea Research Institute for Human Settlement


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Title A study on the urban industrial location policy for the vitalization of regional economy
Similar Titles
Material Type Reports
Author(English)

Seo, Yeon mi; Ryu, Seung han; Chang, Cheol soon; Kang, Ho je; Park, Jung-ho

Publisher

Gyeonggi-do:Korea Research Institute for Human Settlement

Date 2013
Series Title; No KRIHS Special Report / vol. 22
ISBN 978-89-8182-147-0 94300
Pages 78
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < General
Territorial Development < National Land Development
Holding Korea Research Institute for Human Settlement

Abstract

It is not too much to say that a city determines national image and drives economic growth and competitiveness of a city is directly linked to national competitiveness these days. Given the development trend of modern industry that becomes more knowledge-based and service-oriented (Park Sam-ok et al., 2009) it is expected that the attractiveness of a city as location increases as city is the place where knowledge is accumulated and high-level labor force is concentrated (World Bank, 2009). A city also needs vibrant industrial activity to sustain quality of life within the region stably and promote vitality of the city.
Recently, however, large cities which have driven the economic growth in Korea are experiencing rapid change in industrial structure. In particular, the position of large cities in provinces as central city is threatened because they find it hard to identify new growth industry along with the decline of traditional manufacturing industry (Kwon Young-sup et al., 2010, Ryu Seung-han et al., 2008). Under these circumstances, the need for policy response related to industrial location along with changes in industrial structure of large cities including decline in employment by manufacturing industry, expansion of service industry and smaller manufacturing company has come to the fore.
Industrial location system has begun to have institutional framework led by large-scale development and supply of land for plant including industrial complex necessary for the industrialization in the 1960s.