- Jul 05, 2018
Clusters in South Korea have emerged recently, under the influence of the Ministry of Trade, Industry and Energy (MOTIE) and take place in the shape of mini-clusters, located within industrial complexes. The EU and South Korea have developed a stable economic relationship over time, which has naturally given rise to a bilateral cooperation on cluster development. Such bilateral cooperation on cluster development has been formalised thanks to the signature of an MoU between the European Commission and MOTIE, in 2018.
Economic and political context and framework
South Korea is considered to have a very stable macroeconomic and political environment, with an innovative economy. South Korea has well managed to combine economic growth and poverty reduction. Between 1962 and 1994, Korea’s GDP grew on average by 10 % annually. Such growth is the result of a strongly export-oriented economy.
The sectoral strengths of Korea are the agrofood industry, the medical sector, the chemical industry, and the machinery and automotive industry. South Korea’s sectoral strength on the rise is the green technology, a booming sector, well structured and heavily supported by public policies.
Cluster community in the country
KICOX (Korea Industrial Complex) is the central contact point for policy dialogue on cluster collaboration in South Korea. KICOX is appointed by the Ministry of Trade, Industry and Energy (MOTIE). The platform for South Korea clusters is organized by KICOX. In Korea, clusters are known as “Mini Clusters”, and they are typically located within industrial complexes or technology parks. Korea currently counts 45 industrial complexes nationwide, covering a large variety of industrial sectors and being spread over all Korean regions.
Cluster policies encouraging the development and internationalisation of clusters
KICOX (Korea Industrial Complex) is responsible for the development of international programs for the development of clusters in South Korea.
Cluster to cluster cooperation opportunities and potential interest from European clusters and SMEs
A number of EU clusters and SMEs have already collaborated with Korean counterparts. An exchange was notably supported through the EU project KORANET that organised a "KOREA-EU Cluster Cooperation Workshop” in 2011.
A number of exchanges have also taken place in 2015 and 2016 between EU clusters and different Korean actors. There are interesting examples of formal agreements signed directly between European clusters and South Korean organisations, such as an MoU between the Belgium competitive cluster WAGRALIM with KFRI, the Korea Food Research Institute.
A Memorandum of Understanding (MoU) was signed between the DG GROWTH of the European Commission and Motie and Kicox in 2018, to foster cluster collaboration. Read less.
|Monday, 11 March, 2019 - 07:00||EU-funded opportunity in 2019 for Healthcare & Medical Technologies to Korea: plan ahead, apply now||SME||Matchmaking|
|Monday, 21 January, 2019 - 09:00||New EU-funded opportunity for green energy companies in Korea||SME||Matchmaking|
|Monday, 26 November, 2018 - 09:00||Growing demand of organic food and beverage in Korea and opportunities for European companies||SME||Matchmaking|
|Thursday, 17 May, 2018 - 08:30||EU - Asia Gateway 2018 - The 4th Transylvanian International Clusters Conference Cluj-Napoca, Transylvania, Romania May 16 – 18 2018||Cluster managers, Cluster Policy Makers, Investors, Large audience, SME||Conference, Matchmaking, Workshop|
|Monday, 28 May, 2018 - 08:00||Contemporary European Design companies are invited to apply for a business mission to Seoul, South Korea||SME||Matchmaking|
|Sunday, 12 March, 2017 - 08:00||Healthcare & Medical Technologies Business Mission (South Korea)||Cluster managers, Cluster Policy Makers, Project coordinators, SME||Matchmaking, Seminar, Webinar, Workshop|
|Sunday, 29 January, 2017 - 08:45||Green Energy Technologies Business Mission (South Korea)||Cluster managers, Cluster Policy Makers, Investors, Project coordinators, SME||Matchmaking, Seminar, Webinar, Workshop|
|Monday, 3 July, 2017 - 09:30||Environment & Water Technologies Business Mission||Investors, SME||Conference, Matchmaking, Seminar, Workshop|
|Monday, 13 March, 2017 - 08:45||Healthcare & Medical Technologies business mission to KOREA||SME||Matchmaking|
|Monday, 10 March, 2014 - 09:45||EU Gateway Mission to Korea||Cluster managers, Large audience, SME||Matchmaking|
ESCP-4is targetting this country
|Acronym||Name||Sector(s)||Targeted third countries||No. of SME involved||No. of Partners|
|bioXclusters plus||ESCP on Personalised Healthcare||
BIOLOGICAL SCIENCES›Medicine, Human Health›Pharmaceutical Products / Drugs
|Australia, Brazil, Canada, China, Japan, Republic of Korea (South Korea), United States||880||4|
|ELBE||Europe Leading Blue Energy||
Electric Power Generation and Transmission
ENERGY›Energy production, transmission and conversion›Generators, electric engines and power converters
|Canada, China, Japan, Republic of Korea (South Korea), Taiwan, United States||467||5|
|FoodNet||Food In Eco Network||
Transportation and Logistics
INDUSTRIAL MANUFACTURING, MATERIAL AND TRANSPORT›Transport Infrastructure›Logistics
|Algeria, China, India, Iraq, Israel, Japan, Jordan, Kazakhstan, Kyrgyzstan, Morocco, Republic of Korea (South Korea), Turkmenistan, Uzbekistan||362||5|
|LASER-GO GLOBAL||European Cluster Partnership in Photonics for Health||
Lighting and Electrical Equipment
BIOLOGICAL SCIENCES›Medicine, Human Health›Medical Technology / Biomedical Engineering
|Australia, Canada, Israel, Japan, New Zealand, Republic of Korea (South Korea), Singapore, United States||240||6|
|New Frontier in Food||New Frontiers for Emerging Industries in Food||
Food Processing and Manufacturing
AGROFOOD INDUSTRY›Technologies for the food industry›Food Technology
|Brazil, Canada, China, Japan, Republic of Korea (South Korea), Taiwan, Thailand, United States||514||4|