A technopark refers to an industrial and technological complex where personal, material and technological resources, which are often scattered to businesses, academic institutions, research facilities and governments, are gathered into a single place. It also means collection of land, buildings and facilities that are provided by businesses, universities, research labs, local and central governments.

Understanding that a nation's technological capability is the very core of it's competitiveness, advanced countries hurried, since 1970s, to build technoparks. Today there are approximately 1,200 technoparks globally. Namely Science Park in UK, Research Park in America, Sophia Antipolis in France and Ganagawa Science Park in Japan are actively working to achieve technological innovation and to nurture newly created businesses. Started with establishing technical infrastructures that are needed in supporting businesses, Korea's technological complexes have been discovered and nurtured small-but-technologically-capable businesses by building networks of local businesses, universities, researche institution and governments. In 2007, Strategic Business Planning Group and Specialization Center were integrated, centered around technoparks, strengthening functions for strategy and policy planning for nurturing local businesses and they have become pivotal players in fostering local businesses of Korea.

As of 2010, 18 Technoparks in 16 cities and provinces are taking the initiative in the development of local industries, faithfully fulfilling their mission: Korea's Economic Development through the vitalization of local economy.