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University as a Land Property Developer: Concept Development and Its Prospects in Korea

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With the ever‐growing globalization, local governments are becoming more involved in increasing competition in the international market. Their strategies for territorial development go hand in hand with the universities which have long been the land developer in many countries. Recently, local communities have shared the ways of development with the universities, and this kind of partnership between the two is drawing more attention due to the process of globalization. This study examines three aspects of the university’s role as a land developer. First, the study deals with the historical origin and legal tradition of the university‐land relationship. This includes the analysis of the autonomous status of the university. Second, the current trends of territorial development in the global economic shift are summarized with particular emphasis put on the university‐local government partnership. Lastly, the impacts of the new trends of the university as a land developer upon the university’s finance and governance are examined. The concept of the university as a land developer has not been so far accepted enough to lead a new policy or a new institutional management practice. However, it now deserves expanded attention.

Abstract

With the ever‐growing globalization, local governments are becoming more involved in increasing competition in the international market. Their strategies for territorial development go hand in hand with the universities which have long been the land developer in many countries. Recently, local communities have shared the ways of development with the universities, and this kind of partnership between the two is drawing more attention due to the process of globalization. This study examines three aspects of the university’s role as a land developer. First, the study deals with the historical origin and legal tradition of the university‐land relationship. This includes the analysis of the autonomous status of the university. Second, the current trends of territorial development in the global economic shift are summarized with particular emphasis put on the university‐local government partnership. Lastly, the impacts of the new trends of the university as a land developer upon the university’s finance and governance are examined. The concept of the university as a land developer has not been so far accepted enough to lead a new policy or a new institutional management practice. However, it now deserves expanded attention.

참고문헌 (34)

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