Research on the Reference of South Korea’s Science and Technology Industry Innovation Cluster Development to Macao

Abstract

As an advanced form of Innovation Cluster after the Fourth Industrial Revolution, Scientific and Technological Industrial Innovation Cluster has become an important support to promote the development of national innovation in the future, and the world’s advanced countries have optimized the development of Traditional Innovation Cluster according to it. This research introduces the development needs of Macao’s Traditional Innovation Clusters through its innovation capability and innovation index, compares the advantages and disadvantages of Innovation Clusters and Industrial Clusters, and discusses the future development mode of Macao’s technological innovation by learning experience from the development of South Korea’s Science and Technological Industrial Clusters. According to South Korea’s experience and the advantages and characteristics of Macao’s regions, the construction should be reformed based on the advantages of Industrial Clusters and regional development so as to reduce costs and control the scale of investment. At the same time, it’s also vital to actively develop and utilize Hengqin New District, attract top scientific research institutions and talents from the world, in which way Macao’s Science and Technology Industry Innovation Cluster could be built.