Abstract

Science technology park (STP) is fundamentally posited to create links between business, academic and government to trigger the development of new technologies, including their commercialisation. In particular, STP in Indonesia has begun to establish in the past five years by implementing the concept of triple-helix model. Still, there were obstacles that hamper their objective to success. This research aims to observe existing STPs in Indonesia, including investigation and evaluation on any obstacle occurred in their implementation. This research is conducted by using qualitative method. The measurements of this research stand on the successful indicators of STP in either developing or developed countries. Data gathering is taken through in-depth interviews based on a purposive sampling. The interview is taken in four most developing STPs in Indonesia. The results discover that STPs which have implemented the triple-helix concept are highly possible to success compared to others. In addition, the results reveal that triple-helix-based STPs managed by private sector and local government have a strong potential to success. Then, this study successfully discovers the obstacles met by successful STPs in Indonesia, i.e., bureaucracy, networking and entrepreneurial culture.

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