DST was initially planned as a satellite city. Even
though DST is close to its mother city Daejeon
Metropolitan City, the relationship between DST and
regional economy in Daejeon was not positive. The location
of DST was only important in terms of national goals.
When DST was incorporated administratively into
Daejeon in 1983, DST was merely a secondary urban center.
DST is faced a new turning point in terms of its role
for urban structure. The DTV (Daedeok Techno Valley) is
a bridge between pure science city and technopolis
towards regional innovation strategy to generate a maximum
synergy effect by linking these critical areas functionally
and spatially. DV can be understood as the comprehensive
approaching policy to contain DST’s R&D
function, technology commercialization of DTV and mass
production by local industry.
Since the mid 1990s, efforts have been made to
enable high-tech venture firms to be established in
DST with mechanisms to support the commercialization
of R&D results achieved. Its main components
were TBI (Technology Business Incubator), Post-TBI,
and a venture park, where start-up firms can make
their efforts in commercializing their new technology.
In this consideration, Daejeon Metropolitan City
Administration mapped out a scheme to develop a
high-tech industrial district, Daedeok Techno-Valley
(hereafter DTV).
In 2002, the central government designated DST and
its vicinity as DV for the further development of technology
commercialization based on R&D. This variety
of high-technology based developmental activities
enabled the DV to be re-designated the first National