Ubiquitous-City Business Strategies: The Case of South Korea
Cho Hyang-Sook, Byung-Sun Cho, Park Woong-Hee
Abstract
Cho Hyang-Sook, Byung-Sun Cho, Park Woong-Hee
Abstract
Recently, the u-City market in Korea has increased dramatically due to the change of urban development paradigm. Not only the primary local governments but also the major cities are ready for the u-City project. In this research, u-City construction tendency and the schemata to realize the u-City in new towns like Company Cities and Innovative Cities are examined. The way to the u-City activation and the implement based on the result are examined as well. First, Specialized service which is agreeable to the local governments' quality should be developed to build U-cities in the Company City, Multi-functional Administrative City and Innovative City. Second, the risk and the investment expense is high at the beginning of the u-City building but it can be decreased if it is linked to the former Company Cities, Multi-functional Administrative City and Innovative City. Third, if the u-city business and the local activation plan should be linked, the expenses can be economical. U-Korea can be constructed if we are able to realize the u- Cities in the Company Cities, Multi-functional Administrative City and Innovative City designed to the local economic activation. This is the solution to the regional discrimination and competitive power as well.
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Recently, the u-City market in Korea has increased dramatically due to the change of urban development paradigm. Not only the primary local governments but also the major cities are ready for the u-City project. In this research, u-City construction tendency and the schemata to realize the u-City in new towns like Company Cities and Innovative Cities are examined. The way to the u-City activation and the implement based on the result are examined as well. First, Specialized service which is agreeable to the local governments' quality should be developed to build U-cities in the Company City, Multi-functional Administrative City and Innovative City. Second, the risk and the investment expense is high at the beginning of the u-City building but it can be decreased if it is linked to the former Company Cities, Multi-functional Administrative City and Innovative City. Third, if the u-city business and the local activation plan should be linked, the expenses can be economical. U-Korea can be constructed if we are able to realize the u- Cities in the Company Cities, Multi-functional Administrative City and Innovative City designed to the local economic activation. This is the solution to the regional discrimination and competitive power as well.
Key concepts: Business, Plan (archaeology), Investment (military), Service (business), Industrial city, Urban planning, Central city, Regional science