IDEAS home Printed from https://ideas.repec.org/p/ris/kietrp/2021_006.html
   My bibliography  Save this paper

Spatial Distribution of Regional Innovation Growth Capability and Policy Responses

Author

Listed:
  • Huh, Mungu

    (Korea Institute for Industrial Economics and Trade)

  • Kim, Yunsoo

    (Korea Institute for Industrial Economics and Trade)

Abstract

Concerns are mounting over the potential for weak future growth as the Korean economy faces a wide range of structural issues including an aging society, a crisis in key regional industries, and the COVID-19 pandemic. Due to these concerns, the Korean government has established innovation growth as a national priority. In this essay, we extract regional innovation growth capability indices for 17 municipalities in order to analyze regional variation, spatial distribution, and characteristics of innovation growth capability. Based on this data, we provide recommendations for policy responses that are capable of promoting innovation growth capability. The analysis shows that the polarization in innovation growth capability between the Seoul Capital Area (SCA) and the province of Chungcheong and regions outside the SCA is deepening. This regional disparity in innovation growth capability has the potential to lead to a widening economic divide between regions. In the conclusion of the paper we identify the implications for regional innovation policy carried by the analytical findings.

Suggested Citation

  • Huh, Mungu & Kim, Yunsoo, 2021. "Spatial Distribution of Regional Innovation Growth Capability and Policy Responses," Research Papers 21/6, Korea Institute for Industrial Economics and Trade.
    • Handle: RePEc:ris:kietrp:2021_006
    as

    Download full text from publisher

    File URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4327972
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    regional economics; regional growth; regional innovation; regional policy; COVID-19; demographic change; population aging; population decline; innovation; innovation policy; Korea; regional disparity; regional inequality;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:kietrp:2021_006. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aaron Crossen (email available below). General contact details of provider: https://edirc.repec.org/data/kiettkr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.