earticle

영어

Many regions are trying to attract firms in order to boost their regional economies. It is necessary to define the practical concept of the best place for business and to set up its evaluating system so that we can provide more realistic policy directions to local governments. With this in mind, the paper mainly attempts to suggest an evaluating system identifying the best regions for business in Korea, which is effective by reflecting data limitations.Basic local autonomies, Si and Gun, are selected as target areas for evaluation. In addition the regions of which populations size is less than a certain level were omitted to maintain homogeneousness among regions. Five sectors including industrial base, industrial location etc. were selected as evaluating factors. Two different approaches were simultaneously adopted, statistical analysis and interviews with firms, to evaluate both quantitative and qualitative aspects of each sector.