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Abstract ▼ AI-Helper

Recently some researchers started to discuss the fundamental limitations of geographical innovation clusters. With the rapid development of information and telecommunication technologies, a new concept of virtual innovation cluster is emerging in the advanced countries an alternative to overcome the...

Recently some researchers started to discuss the fundamental limitations of geographical innovation clusters. With the rapid development of information and telecommunication technologies, a new concept of virtual innovation cluster is emerging in the advanced countries an alternative to overcome the limitations of geographical clusters. In this context, this study is designed as a pilot study to verify limitations of and issues with geographical innovation cluster through a survey and review the possible application of virtual innovation cluster as an alternative to geographical innovation cluster. Topics covered in this study include; 1) What are the limitations and/or issues with geographical clusters? 2) Can these limitations of and issues with geographical innovation cluster be overcome with virtual innovation cluster? 3) What is the government policy direction to ensure effective utilization of virtual innovation clusters? To answer these questions, this study adopted various research techniques including literature reviews, surveys, case studies, and expert interviews. Especially, a survey was conducted to diagnose the limitations of geographical innovation cluster policy and to understand the possibility of applying virtual innovation clusters. Finally, the significances and limitations of the study are discussed.

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