Abstract
National policies for science parks and innovation have been identified as one of the major driving forces for the innovation-driven economy, especially for publicly funded science parks. To investigate this collaborative ecosystem (government-academia-industry) for growth and sustainable development, this paper proposes a nation-wide economic impact analysis of science parks and innovation policy based on historical data drawn from one of the globally recognized high-technology industrial clusters in Taiwan. Systems thinking with causal loop analysis are adopted to improve our understanding of the collaborative ecosystem with science park policies. First, from a holistic viewpoint, the role of government in a science parks and innovation ecosystem is reviewed. A systems analysis of an innovation-driven economy with a science park policy is presented as a strategy map for policy implementers. Second, the added economic value and employment of the benchmarked science parks is evaluated from a long range perspective. Third, the concepts of government-academia-industry collaboration and policies to innovation ecosystem are introduced while addressing the measures and performance of innovation and applied R&D in the science parks. We conclude with a discussion of lessons learned and the policy implications of science park development and an innovation ecosystem.
Highlights
An innovation-driven economy has been promoted in different countries as the major driving force behind development and growth in the world
Since science parks and innovation policy is generally adopted by government bodies, a nation-wide macro viewpoint is needed for policy evaluation and the ecosystem should be considered as essential component of the national/regional economy
To investigate the government-academia-industry collaborative ecosystem for an innovationdriven economy, this paper proposes a nation-wide economic impact analysis of science parks and innovation policy based on historical data drawn from one of the globally recognized high-technology industrial clusters, the national science parks in Taiwan
Summary
An innovation-driven economy has been promoted in different countries as the major driving force behind development and growth in the world. The success of science parks has motivated countries around the globe to foster the clustering of the high-tech industry into parks The development of these science parks drive regional and economic growth, examples of which include Silicon Valley in the USA, Cambridge Science Park in the UK, in addition to parks found in Russia, Israel, India, Taiwan, Japan, Korea, and China. To investigate the government-academia-industry collaborative ecosystem for an innovationdriven economy, this paper proposes a nation-wide economic impact analysis of science parks and innovation policy based on historical data drawn from one of the globally recognized high-technology industrial clusters, the national science parks in Taiwan. The policy of facilitating science parks and innovation has made a tremendous contribution to the development of high-technology industry clusters, the creation of innovation clusters, and the national economy. Based on the research results, lessons learned and policy implications for science park development and innovation ecosystem are discussed
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