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Analysing policy priorities for the Incheon aviation industry using importance-performance analysis and analytic hierarchy process techniques: A cluster-based perspective

Author

Listed:
  • Yoo, Gwang Min

    (Senior Researcher, Incheon Technopark)

  • Kwak, Sunjoo

    (Professor, Department of Public Administration, Hankuk University of Foreign Studies)

  • Jeh, Sung Hoon

    (Associate Professor in the Department of Russian Studies, Hankuk University of Foreign Studies)

Abstract
The purpose of this paper is to analyse policy priorities for the Incheon aviation industry from a cluster-based perspective. To this end, the present research conducted a survey of aviation professionals and performed an importance-performance analysis (IPA) and analytic hierarchy process (AHP) using the survey results. According to the IPA, investment in infrastructure construction and R&D was found necessary to further advance the aviation industry. The AHP analysis of strategy priorities found that, in order to increase the overall potential of the aviation industry, it would be more beneficial to evenly distribute resources among the three strategies identified through the expert survey, rather than concentrating investment on a particular strategy. Nevertheless, infrastructure construction was analysed as the most urgent among the three strategies. Taken together, the analysis results suggest that it would be strategically desirable for Incheon Metropolitan City to place a priority on expanding and strengthening industrial infrastructure to increase the economic potential of not only the Incheon aviation industry but also Incheon International Airport.

Suggested Citation

  • Yoo, Gwang Min & Kwak, Sunjoo & Jeh, Sung Hoon, 2022. "Analysing policy priorities for the Incheon aviation industry using importance-performance analysis and analytic hierarchy process techniques: A cluster-based perspective," Journal of Airport Management, Henry Stewart Publications, vol. 16(3), pages 290-303, August.
    • Handle: RePEc:aza:jam000:y:2022:v:16:i:3:p:290-303
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    More about this item

    Keywords

    Aviation industry; AHP; IPA; policy priority; cluster policy; incheon international airport;
    All these keywords.

    JEL classification:

    • R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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