Analysis of Competitiveness in the Domestic Semiconductor Cluster Using Entropy Technique: Based on the GEM-ESG Model

Purpose - The study aims to conduct an empirical analysis of semiconductor cluster integrated competitiveness with a focus on the GEM-ESG model. Specifically, the study seeks to compare and analyze the development factors of semiconductor clusters in different regions. The results of the empirical study will reveal a clear concentration phenomenon in the semiconductor industry clusters of some regions. Design/Methodology/Approach - Previous research has established the factors influencing the competitive advantage of industrial clusters. The study collected competitive indicators from major South Korean cities and regions, incorporating these into the GEM model, and exploring ESG indicators relevant to the semiconductor industry. The study utilized Entropy Technique analysis to empirically assess the competitiveness of the South Korean semiconductor cluster and conduct comparative testing of the research findings. Findings - The results revealed a concentration phenomenon in the semiconductor industry clusters of Yongin and Chungbuk Province. Additionally, the study highlighted the importance of factors such as “groundings (G)”, “enterprise management (E)”, “market conditions (M)”, and ESG practices in determining competitiveness. Research Implications - Through empirical analyses, the study emphasizes the significance of GEM and ESG factors in the analysis of industrial clusters, particularly in contributing to long-term sustainability and competitive advantage focusing on the collaboration and alignment of ESG values.