South Korea

  • Sep 19, 2019
  • eccp

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.

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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 62 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.

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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.

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Call for application. The fourth EU Gateway | Business Avenues mission to Korea - Green Energy Technologies

Deadline: 18 October, 2019 Are you interested in applying for the Green Energy Technologies Business Mission to Korea? Are you seeking more information about the EU Gateway to Korea coaching approach, the standard and customised services, the promotion of your company in Korea, the Business Mission Week events, and the financial support offered by the European Union? From 3 to 7 February 2020, the fourth...Read more
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The 2020 EU Gateway | Business Avenues mission to the Republic of Korea for Environment & Water Technologies companies

Deadline for application: 15 May 2020 Are you interested in applying for the Environment & Water Technologies Business Mission to the Republic of Korea? Are you seeking more information about the EU Gateway to Korea coaching approach, the standard and customised services, the promotion of your company in Korea, the Business Mission Week events, and the financial support offered by the European Union?...Read more
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  • 20181123_EWT-korea-promo

Save the date: Environment & Water Technologies to Korea in 2019

From 23-27 September 2019 EU Gateway | Business Avenues will choose up to 50 companies to participate in a mission focused on Environment & Water Technologies. This five-day mission week will provide the opportunity for participants to showcase technologies and products to a targeted audience of potential business partners during two exhibition days. Our teams will search for local business partners,...Read more
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Events

Date Name Target Type
Monday, 21 September, 2020 - 09:00 Environment & Water Technologies: EU Gateway | Business Avenues mission to the Republic of Korea in 2020 SME Matchmaking
Monday, 25 May, 2020 - 09:00 Business opportunity for European design companies in Korea SME Matchmaking
Monday, 25 May, 2020 - 09:00 Business opportunity for European design companies in Korea SME Matchmaking
Monday, 16 March, 2020 - 09:00 EU Gateway | Business Avenues opens doors to the Korean healthcare market SME Matchmaking
Monday, 3 February, 2020 - 09:00 Time is ripe for European green energy companies to expand to Korea SME Matchmaking
Monday, 18 November, 2019 - 09:00 Tap into opportunities within Korea’s organic food and beverage market SME Matchmaking
Monday, 23 September, 2019 - 09:00 Environment & Water Technologies to Korea in 2019 SME Matchmaking
Tuesday, 6 November, 2018 - 09:00 EU-Korea Cluster Matchmaking Event Cluster managers, Project coordinators Matchmaking
Monday, 11 March, 2019 - 09:00 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

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Achievements

South Korea - GATE 2 ASIA / Romania - GATE 2 EUROPE: The Cluster Consortium from Northern Transylvania goes international!

The year 2016 proved to be an important one for the Northern Transylvanian Cluster Consortium in order to open up cooperation with Asian partners. This was possible due to the development of economic, cultural and academic relationships between companies in Romania and South Korea. Support for this approach was also possible due to the signing of a Memorandum of Understanding between the Cluj-...
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  • Jun 21, 2017
  • alina danielescu

International Mission of Catalonia Cluster Managers, Korea 2016

Catalonia was a pioneer country in terms of cluster policy, starting at 1992. Since then, there’s been a continuous cluster policy for more than 2 decades. One of the main takeaways of this long cluster experience is that cluster managers are a key success factor in a cluster initiative. It’s not only about their background and skills, but also about dedication and motivation. A decade has passed...
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  • Feb 17, 2017
  • Camille_Duran

ESCP-4i News

Publication of GCA's Internationalisation Strategy

GCA
GCA's Internationalisation Strategy have been published in January 2019. Here are the main results: 1. Four target countries are selected: USA, Canada, China, South Korea 2 . An analysis of the four sports markets and of the most relevant and potential targets in each target country is made (1. Right holders of pirmary content, e.g. sports leagues, sports clubs; 2. Distributors, e.g. TV broadcasters, stadium owners, internet giants and 3. Brands) 3 . The GCA's Internationalisation Strategy has been created, which consists of 5 pillars: Pillar 1: The GCA Brand Building / Brand Marketing (First the GCA Brand...
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  • Oct 10, 2019
  • bhozjan

India as selected territory for potential collaborations with third countries

FoodPackLab
India is the selected FoodPackLab territory for potential collaborations with third countries . The starting point was a preliminary analysis by the FoodPackLab consortium that led to 3 preselected territories: South Korea, Turkey and India . In terms of the market size, South Korea was by far the most important territory, its value being 1.5 times higher than the ones in Turkey and India. However, the consortium decided to choose the most promising territory – India , according to several criteria, one of the most important being the information provided by the SMEs from the 5 networks with respect to the...
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  • Sep 08, 2019
  • sergio.saez@sec...

ALLIANCE Mission in US - Security & Defense

As leader of the European project ALLIANCE, aiming at the internationalization of companies, Techtera innivation cluster supports you on an international mission to the United States.

Programme :
- 14th of October: brief market and conference
- 15 - 16 October: BtoB meetings at the AUSA Annual Congress *
- 17 - 18 October: BtoB meetings alongside US companies and partners

ALLIANCE
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  • Aug 16, 2019
  • Sonia DESCOINS

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ESCP-4is targetting this country

Acronym Name Sector(s) Targeted third countries No. of SME involved No. of Partners
ALLIANCE Alliance for international business development of advanced materials and connectivity for defence and security markets Aerospace Vehicles and Defence

OTHER INDUSTRIAL TECHNOLOGIES›Other Industrial Technologies›Textiles Technology›Woven technical textiles for industrial applications 		Japan, Republic of Korea (South Korea), United States 0 7
bioXclusters plus ESCP on Personalised Healthcare Biopharmaceuticals

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, Canada, China, India, Iraq, Israel, Japan, Jordan, Kazakhstan, Kyrgyzstan, Morocco, Republic of Korea (South Korea), Turkmenistan, United States, 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
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