Developing Technological Capability in Science Parks: A Networking Model Approach

Abstract

The purpose of this paper is to discuss the development of a model that will help South African science parks to develop long-term technological capabilities and competencies to compete successfully in today's highly competitive world. This paper covers the conceptual part of a research project being conducted to improve the performance of science parks. Science parks have been researched for almost 20 years. They are seen as seedbeds for innovation. Innovation and networking are two key factors providing the new generation industrial clusters' competitive capacity in the globalization. From the definitions and characteristics of science parks in various studies, networking is regarded as one of the most important benefits science parks can offer to its tenants. South African science parks are characterized with poor innovation levels and lack of technological capabilities. However, through networks, one can build and develop the necessary technological capabilities. The very essence of a science park is to manage the flow of knowledge between universities, research and development institutions, industry and government. Therefore knowledge networks plays an important role in the science park's context. In order for networks to bring out the most beneficial outcomes, i.e., access to new knowledge, it is necessary to understand the environment that the network operates in, as well as the network structures.