Search results

The purpose of this paper is to analyze the business model of techno parks (TPs) in Turkey and shed light on the value co-creation in TPs in the light of the service perspective and stakeholder theory.

In this conceptual paper, a generic business model canvas for Turkish TPs has been elicited based on an in-depth review of the literature. Then, the functioning of the model and the nature of value co-creation have been viewed through the lenses of service perspective and stakeholder theory, and then the relationships and flows between the components of the business model have been visualized with a dynamic model.

The institutional environment leads Turkish TPs to have similar business models with functional differences. The value is co-created by stakeholders in TPs and value co-creation depends on the skills, competencies and cooperative efforts of all actors involved in the functioning of the business model.

This paper provides insight for TP management companies to improve their business models, for policymakers to refine institutional framework to enable effective functioning of TPs and for stakeholders to understand their role in value co-creation.

This paper provides a dynamic framework and a model for understanding business models of TPs and the value co-creation process, which is an understudied area, especially in a developing country context. It also extends the business model and value co-creation literature in the context of TPs by integrating multiple theoretical perspectives.

In this study, the authors aim to test the reflections of two so-called universal leadership styles -paternalistic leadership (PL) and transformational leadership (TL)- on entrepreneurial orientation (EO) and ultimately on firm performance (FP) within the context of SMEs of a developing country, Turkey. Moreover, examining the contingency of uncertainty avoidance (UA) on the relationship between EO and firm performance is another aim of the study.

In this explanatory cross-sectional study, by studying a dataset of 345 small and medium-sized (SME) Techno-park companies in Turkey based on using the Partial Least Squares (PLS) method, the authors try to examine the antecedent role of PL and TL on EO and ultimately on FP. Moreover, we followed a mediation procedure to reveal the mediator role of EO on the relationship between leadership style and firm performance. Finally, the authors also conducted a moderation analysis through SmartPLS 3.0 to explore the contingency of UA on the relationship between EO and firm performance.

Study results indicate that TL is a significant antecedent of EO that results in higher firm performance. However, while PL has a negative impact on entrepreneurial orientation, the results provide no statistical evidence in support of a significant relationship between PL and firm performance. Moreover, the findings indicate that the higher UA, the weaker the relationship between EO and firm performance.

Managers, following a TL approach, can successfully encourage their subordinates to be innovative and creative. Transformational leaders are conducive to both entrepreneurship and firm performance within the context of technology-based startups. Besides, avoiding the risks and uncertainties naturally weakens the consequences of EO. Hence, EO, as an essential intangible resource, requires a proper cultural context to result in a competitive advantage.

This research provides a comprehensive understanding regarding the interrelationships amongst transformational and paternalist leadership styles, EO and firm performance within an UA context in Small Business and Technology Development Centers (SBTDCs) and Techno-parks. To the best of the authors' knowledge, no other researcher has studied those links in a holistic manner in general, particularly on the SMEs of Techno-park firms of a developing Eastern country. The findings significantly enrich the literature on paternalist leadership and entrepreneurship orientation in a cultural context.

Chinese S&T parks are one component of the Chinese system of innovation which has emerged over the last 20 years; they are not simply a copy‐paste of the American model. This paper aims to focus on this topic.

Developments were inferred from an extensive literature review (in English, in Chinese and in French) that was completed by an archive research as well as interviews of heads of Chinese S&T parks.

Six features make Chinese S&T parks different from what can be found elsewhere in the world: the Chinese people have the willingness to restore previous glory and share of the world economy; the Chinese government apparatus acts as the driving force with an overpowering impact; there are very few foreign companies in Chinese S&T parks – making those parks mostly inhabited by Chinese companies, but returnees play a significant role; an astonishing scale when benchmarked to European references; the greening of business has emerged as a new and powerful driver; and an evolutionary process is leading to the transformation of China into an innovative country.

This paper stands more as an essay reflecting the authors' understanding of the Chinese situation and, as such, it may be subjectively biased.

As Western managers are now considering China as a possible place to carry R&D, this paper helps them to get a better understanding of the features of the specific locations where they might implement their R&D labs.

The emergence of China as a technological country is a recent phenomenon. The authors have identified no such analysis in the published literature.

This study aims to investigate the evolution of eight Asian countries’ innovation policy instruments during three economic development phases. Another goal is to examine common and different policy instruments of Japan, Korea and China, which have already reached the post-catch-up stage, to provide lessons to less-developed and developing Asian countries.

This study uses a qualitative research methodology, in particular a narrative approach. For triangulation, this paper uses a wide range of secondary data. The authors selected eight Asian countries by using various criteria, including income level and market size, and examined each country in terms of innovation performance and evolution of innovation policy instruments. The evolution of innovation policy in each country is investigated during three economic development phases: pre-industrialization, industrialization and catch-up and post-catch-up.

The findings show, first, that a higher research and development (R&D) expenditure as a percentage of gross domestic product (GDP), R&D activities dominated by private research organizations and more vigorous patent activities by residents than nonresidents are the most critical factors for becoming a high-income country. Second, innovation policy should be suitable for attaining aims, which are different at each economic development stage. Third, seven lessons from three prosperous Asian countries are crucial for economic development: securing political stability; increasing R&D expenditures; facilitating the acquisition, diffusion and internalization of technology; encouraging government–industry–university collaborations; using the selection and concentration strategy; changing the governmental role from regulator to facilitator; and establishing a legal framework.

It is difficult to find research that systematically compares three or more Asian countries’ innovation policies over the long term. This study fills this gap and helps scholars and field workers increase their understanding of innovation policy in eight Asian countries. It also contributes to providing lessons for practitioners that could help developing and less-developed Asian countries establish a suitable innovation policy for each economic development stage.

This chapter describes the basic elements of an ecosystem of innovation entrepreneurship ecosystem. Likewise, it discusses the building of ecosystems, technological parks, and their relationship with the industrial clusters. Finally, it analyzes the impact of the ecosystems on the regional environment. Additionally, the chapter will include mini cases and business examples.

This study investigated the emerging progressive use of ornamental art in the landscape architecture of Kazakhstan and determined the influence of symbolism on the quality of new urban environments. The study analysed the existing recreational facilities in Kazakhstan in order to establish their symbolic meaning, the level of utilisation of symbolic ornaments, and the socio-economic factors that influence the design structure of landscape elements. The results revealed that symbolic meanings of the ornaments stem from historic, legal and cultural traditions of different ethnic groups in Kazakhstan. Therefore, the form depends on not only the topography of the area, but also the traditional symbolism and numerology. This study categorised the studied places according to their size: large gardens, small squares and small landscape forms. Taking into account the natural and climatic features of Kazakhstan, small landscape forms acquire the quality of arid zone gardens. However, lack of identity and consistency appears to be a major problem in design of larger scale landscapes. This article posits that coordination between socio-economic and historical-cultural factors will open new creative opportunities for the development of an original landscape architecture in Kazakhstan, yet balance between environmental construction and contextually meaningful urban planning will still be needed.

The purpose of this study is to measure the R&D performance of 81 cities in Turkey by using a scientific approach.

A four-step solution approach is developed for this problem. In the first step, a hierarchical structure of 14 indicators (including number of patents, publications, R&D expense, etc.) in three dimensions is constructed. In the second step, explicitly and implicitly spatial indicators such as university location and R&D manpower are mapped by using geographic information system (GIS). In the third step, a hybrid multi-criteria decision making model, namely, DANP that combines decision-making trial and evaluation laboratory (DEMATEL) and analytic hierarchy process (ANP) techniques is applied to assign different level of importance to the indicators. In the last step, Višekriterijumska Optimizacijai kompromisno Rešenje (VIKOR) method is used to rank the performance of 81 cities. Obtained results are visualized using GIS to show the pros and cons of each city in terms of R&D performance.

Results of the paper show that Istanbul, Ankara and Konya are ordered as contenders of best R&D performances and on the contrary, Igdir, Sirnak and Tunceli are ordered as the worst R&D performances among 81 cities.

One limitation of the study can be the considered criteria. However, all the criteria are obtained from literature and experts; thus, the paper covers as much criteria as possible.

The proposed study may allow Ministry of Science, Industry and Technology of Turkey to formulate more effective strategies to improve cities’ R&D performance. In addition, any country can apply the same methodology for measuring the R&D performance of their cities by using their related data. As the worst R&D city performances belong to the eastern part of Turkey, it can be deducted that the socio-cultural structure of the eastern part of the country needs improvement.

To the best of the author’s knowledge, this is the first study which applies a GIS-based MCDM approach for R&D performance measurement. Thus, the value of this paper belongs to both literature and real life.

New economic geography theorists, who have revived the importance of local roots and highlighted the significance of cities as a source of international competitiveness, have spurred the global marketing of Incheon. An examination of the new economic geography literature examines the nature of the new localism based on clusters, involving spatial proximity and concentrated face-to-face transaction, agglomeration economies and local knowledge networks. The territorial expression of these ideas is evident in competitive cities and knowledge cities. Both types of cities are embodied in civic attempts to market Incheon as an international city through the development of the international harbor and international airport and a knowledge city at Songdo. As there is no reference to Incheon in the place marketing literature there is a need to market it as Seoul-Incheon and itemize the Capital Region 's key assets and strategic advantages, including logistics and Pentaport - five ports in one - to build a presentation that attracts foreign direct investment and foreign expertise and provokes an energizing debate on the Korean Government's plan to position the country as the hub for international commerce in Northeast Asia. Critics of this place marketing approach designed to make Incheo'} a prosperously middle-class city suggest more evidence is needed before it can be assumed firms locate in cities as a base for export activities to boost their competitiveness. Perhaps there is need to give up the preoccupation with the local focus in cluster analysis and give equal attention to global connections.

This paper aims to investigate the effect of business incubation metrics based on an adaptation of the lean start-up (LS) framework on start-up survival after incubation. This study also analyzes the obstacles in implementing the LS framework as incubation metrics.

This study uses mixed methods. Quantitative research using multiple linear regression was applied to the data of 30 start-ups incubated at Bandung Techno Park for the 2014–2017 period and survival tracking data after the incubation. A qualitative approach to complete the explanatory work was conducted through in-depth interviews with 12 respondents, including start-up graduates from the incubation program, program managers and mentors.

This study confirms that several LS incubation metrics significantly affect start-up sustainability after incubation. In addition, this study also explains several problems in applying the LS discipline that needs attention to increase incubation success.

Research was conducted only at one technology business incubator (TBI) model that focuses on digital start-ups in the emerging ecosystem. Research results can be biased in different situations and ecosystems.

The explanation of the relationship of LS-based incubation metrics to the survival of start-ups, as well as the challenges of their implementation, can be a reference for TBI management to consider and prioritize intervention strategies, thereby improving TBI’s business processes and increasing the success rate of incubated start-ups.

The creation of university start-ups and spin-offs has become a key performance indicator mandatory for technology universities in Indonesia. The existence of TBI institutions in universities as channels of technology commercialization is essential. The incubator’s success in creating a new technology-based company will have a significant social impact on the surrounding environment.

Although the LS method is popular in start-up communities and among practitioners, it is rarely used in the incubation process at universities. These results can be considered for university TBIs to explore LS as an incubation management tool to increase the success rate of incubated start-ups.