The Effect of the Characteristics of Business Support Facilities on the Sales Price of Knowledge Industry Centers in Seoul and Gyeonggi Area

Abstract

The purpose of this study is to analyze the effect of the characteristics of business support facilities on the sales price of knowledge industry centers in Seoul and Gyeonggi-do. For this study, the characteristics of regions, locations, buildings, individual units, timing, and business support facilities are used as independent variables, and the sale price of the Knowledge Industry Centers is used as the dependent variable. This study analyzes 7,180 units of the Knowledge Industry Centers using the multiple regression analysis. As a result, It is found that the higher the area of business support facilities and the ratio of commercial facilities, the more positive factors affect the sale price. Therefore, if the ratio of business support facilities and commercial facilities can be properly combined, it will increase the productivity and work efficiency of tenant companies, leading to the improvement of sales income.