This study aims to explore the developing strategies of knowledge based industry in ChunChon Area. This study suggests several strategies for promoting local development in Chunchon Area as follows ; first, building of local innovation system in chunchon area and convergence and diffusion of knowledge based industries. second, making of industrial environment suitable to developing knowledge based industries. third, the establishment of overall industrial supporting systems. fourth, expansion of industrial infra and prevention of the brain drain. fifth, transformation of industrial complex into innovation clusters. The result of this study will be useful for the chief executives officers to make more rational decision making for industrial developing strategies is related to the Knowledge based Industries. The paper also strives to provoke debate in this area with to encouraging further research on the topic.