The model of investment promotion policy scheme in science and technology park: a case study of technopolis in Indonesia

Wahyudi Sutopo,Ayu Erliza,Anugerah Widiyanto,Raja Rizqi Apriandy,Ahad Ali

doi:10.1080/21693277.2018.1511485

Abstract

ABSTRACTTechnopolis has close relationships to the development of science and technology park. Therefore, this research is intended to develop mathematical model for Promotion Policy Instrument (PPI) that can be implemented for investment promotion scheme by examining technopolis case in Indonesia. The model is formulated by adapting Game Theory Model (Model I) and Goal Programming Model (Model II). Three main activities group – productive, research and technology development, social activity and infrastructure – should be simultaneously developed. Game Theory model indicated that social activity and infrastructure projects are basically rejected due to negative payoff. While Goal Programming Model, by given 3 alternatives condition, shows that each alternative only give benefit to only one activity. Sensitivity analysis reveals the ability of the models in responding the possible adjustment towards uncontrollable input. The models from PPI scheme in KTP can also be implemented as the benchmarking to develop science and techno park in another location.

Highlights

Technopolis has close relationships to the development of science and technology park. This is based on the many elements possessed by science and technology park found in technopolis (Keeble & Wilkinson, 2000)
In order to acquire investment promotion scheme for science development and techno park, a case study is conducted on the Kawasan Technology Pelalawan (KTP) in Pelalawan Regency, Riau Province, Indonesia
Case study is possible as there are a lot of similarities of elements that exist between science and techno park and technopolis

Summary

Introduction

Technopolis has close relationships to the development of science and technology park This is based on the many elements possessed by science and technology park found in technopolis (Keeble & Wilkinson, 2000). Elements such as technological development, infrastructure and research facilities (universities, laboratories, etc.), governmental institutions engaged in science and transfer technology are widely available in technopolis (Abdel-Fattah, Kashyout, & Sheta, 2013; Cha & Miyakawa, 2012). Science and techno park are aimed to collaborate the ideas, innovations and know-how from academic, government, and commercial and industrial institution (Hashmi & Shah, 2013). It is expected that this collaboration will able to improve and accelerate

Methods

Discussion

Conclusion