2018
DOI: 10.5539/ibr.v11n11p187
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The Science and Technology Parks (STPs) Evaluation Model Approach to Eco-Innovation Key Indicator

Abstract: Science and Technology Park (STP) is one of the most important innovation policies to develop the regional economy. To manage the STPs successfully, a standard evaluation system as a reference is needed. However, there is no consensus about the definition of successful STPs due to their different goals and regions. Hence, it is necessary to establish a reference framework to evaluate the success of different STPs and it is essential to assess their main goals as the competitive advantage by a set of innovation… Show more

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“…This observation led the researcher to review the literature and look for other evidence to argue that STPs should be considered KIOs. Yami, Chagchun, and Han (2018), while reviewing the literature on the main dimensions that affect STPs, identified: 1) Government innovation policies to support the innovation system Engagement of Science and Technology Park of Cornélio Procópio, PR, Brazil in triple helix model so that it can evolve (Liu & Guan, 2016); 2) Quality human resources adapted to the regional innovation strategy in which companies provide greater job growth in university STPs (Wright, Liu, Buck, & Filatotchev, 2008); 3) Cooperation networks that increase global innovation (Rycroft, 2007) and this relationship increases infrastructure innovation and promotes the network itself (Vasquez-Urriago, Barge-Gil, & Rico, 2016) to spread knowledge on a reciprocal basis; 4) STP's operating market becomes a bridge between innovation strategy and market value, where marketing, sales growth and profitability are more related to STP than to companies outside the park (Löfsten & Lindelöf , 2002); and, 5) Knowledge activities promoted via research and development (R&D), research and technology (R&T), in which the commercialization of research results (Chun, Chung, & Bang, 2015) increases the positive impact of regional collaboration in R&D , patents and innovation factors (Minguillo & Thelwall, 2015). The final conclusion as the general overview of the literature associated some interesting results that the main benefit of an eco-STP system is to ecological ideas and Culture of Innovation, the stable social benefits (job creation), internationalization, industry cluster effect and finally to share the strong knowledge-based economy and latest technologies (eco-innovation diffusion).…”
Section: Figure 1 Generation Of Science and Technology Parksmentioning
confidence: 99%
“…This observation led the researcher to review the literature and look for other evidence to argue that STPs should be considered KIOs. Yami, Chagchun, and Han (2018), while reviewing the literature on the main dimensions that affect STPs, identified: 1) Government innovation policies to support the innovation system Engagement of Science and Technology Park of Cornélio Procópio, PR, Brazil in triple helix model so that it can evolve (Liu & Guan, 2016); 2) Quality human resources adapted to the regional innovation strategy in which companies provide greater job growth in university STPs (Wright, Liu, Buck, & Filatotchev, 2008); 3) Cooperation networks that increase global innovation (Rycroft, 2007) and this relationship increases infrastructure innovation and promotes the network itself (Vasquez-Urriago, Barge-Gil, & Rico, 2016) to spread knowledge on a reciprocal basis; 4) STP's operating market becomes a bridge between innovation strategy and market value, where marketing, sales growth and profitability are more related to STP than to companies outside the park (Löfsten & Lindelöf , 2002); and, 5) Knowledge activities promoted via research and development (R&D), research and technology (R&T), in which the commercialization of research results (Chun, Chung, & Bang, 2015) increases the positive impact of regional collaboration in R&D , patents and innovation factors (Minguillo & Thelwall, 2015). The final conclusion as the general overview of the literature associated some interesting results that the main benefit of an eco-STP system is to ecological ideas and Culture of Innovation, the stable social benefits (job creation), internationalization, industry cluster effect and finally to share the strong knowledge-based economy and latest technologies (eco-innovation diffusion).…”
Section: Figure 1 Generation Of Science and Technology Parksmentioning
confidence: 99%