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Universities, clusters, and innovation systems : The case of Seoul, Korea

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  • Universities, clusters, and innovation systems
  • Sohn, Dong-Won; Kenney, Martin
  • Elsevier Ltd


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Title Universities, clusters, and innovation systems
Similar Titles
Sub Title

The case of Seoul, Korea

Material Type Articles
Author(English)

Sohn, Dong-Won; Kenney, Martin

Publisher

[London]:Elsevier Ltd

Date 2007
Journal Title; Vol./Issue World Development:vol. 35(no. 6)
Pages 14
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Science/Technology
Social Development < Education
Holding Elsevier Ltd

Abstract

Many policy-makers believe that strong university–industry relationships and hightechnology clusters are the keys to development. The Korean experience suggests that the most important contribution of universities to economic development was not through the transfer of research results, rather it was indirect and through the preparation of high-quality graduates. Korean universities and research institutes (URIs) have contributed little to the creation of clusters with the exception of a cluster of spin-offs from government research institutes in Daeduck. The role of URIs may be changing to an entrepreneurial focus, but the strategy of concentrating on training graduates has achieved considerable success.