Publication Type
Journal Article
Version
submittedVersion
Publication Date
2005
Abstract
This paper analyzes the question: What does it take for science parks and technology districts to evolve and grow? We propose an analytical framework to examine the gestation, evolution, and sustainability of science parks and related but broader regional phenomena such as technology districts. The framework comprises three aspects of a science park's development: growth mechanisms, level of technological capabilities, and nature of its integration with national or global markets. The main growth mechanisms we identify are government-led infrastructure provision, agglomeration effects, and continual self-renewal through the creation of new businesses. We apply this framework to analyze Singapore's science park strategy and the recent One-North initiative.
Keywords
Science parks; Silicon Valley; Hsinchu; Cambridge; Singapore
Discipline
Econometrics
Research Areas
Applied Microeconomics
Publication
Journal of Business Venturing
Volume
20
Issue
2
First Page
217
Last Page
239
ISSN
0883-9026
Identifier
10.1016/j.jbusvent.2003.12.002
Publisher
Elsevier
Citation
Koh, Francis; Koh, Winston T. H.; and Tschang, Ted Feichin.
An analytical framework of science parks and technology districts with an application to Singapore. (2005). Journal of Business Venturing. 20, (2), 217-239.
Available at: https://ink.library.smu.edu.sg/soe_research/383
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1016/j.jbusvent.2003.12.002