Abstract

A novel research framework is proposed to support development strategies crafting of Private Science and Technology Parks (PSTPs) using the Theory of Inventive Problem Solving (TRIZ). The key issues are first generated according to the key success factors from previous empirical research and expert interviews. Then, a contradiction matrix and inventive principles are utilized to seek for specific solutions to the key issues. The five aspects of the long-term, medium-term and short-term development strategies are proposed, such as park scale, financing and financial services et al.. The framework proposed in this study is based on a more scientific and transparent decision-making process. The results can support the development of PSTPs. Furthermore, other types of science and technology parks can also adopt this research framework to develop useful strategies.

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