earticle

영어

This study was carried out to assess the development effect of innovation cities quantitatively and empirically. In this study, the results of innovation cities were identified in four aspects: population, land price increase and industrial structure, and changes in per capita income of local people. Between 2008 and 2018, the center of population moved towards the Seoul metropolitan area, the center of population in each parent city moved toward the innovation cities, and the surrounding area was found to have little impact. In terms of land prices, land prices in innovation cities have risen relatively compared to those in the surrounding areas, but the portion of land area owned by the original residents was only half that of the surrounding cities. This means that residents who live outside the city took the capital gain on land. Despite the relocation of public institutions, there has been little increase in the LQ index of key industries, the report showed. The statistical analysis showed that the construction of innovation cities did not affect the increase in per capita income. In conclusion, the innovation city project failed to decentralize the population of the metropolitan area and its economic impact was not significant.