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Effective coordination and innovation-facilitating role of science parks: The place-based approach with paradoxical outcomes

Author

Listed:
  • Ying Zhu
  • Ryan W Tang

    (Australian Centre for Asian Business, University of South Australia, Adelaide, SA, Australia)

  • Ke Xing

    (School of Engineering, University of South Australia, Adelaide, SA, Australia)

Abstract
The place-based regional industrial strategies provide a novel approach to examining the role of science parks in enhancing regional innovation with place-based policies. With qualitative interviews and case analyses, this study investigates how a place-based science park affects innovation activities of technology-focused companies. Our research findings demonstrate paradoxical nature with both positive and negative aspects of firms’ strategies that cope with obstacles such as the lack of funding for R&D and weak policy on IP protection. These obstacles hinder the collaboration on innovation and strengthen the effect of economic uncertainty on companies’ short-term survival orientation. Important implications for both theory and practice are discussed with possible future research directions identified. JEL Classification: O32, M10, M38

Suggested Citation

  • Ying Zhu & Ryan W Tang & Ke Xing, 2023. "Effective coordination and innovation-facilitating role of science parks: The place-based approach with paradoxical outcomes," Australian Journal of Management, Australian School of Business, vol. 48(1), pages 171-195, February.
    • Handle: RePEc:sae:ausman:v:48:y:2023:i:1:p:171-195
    DOI: 10.1177/03128962221098134
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    More about this item

    Keywords

    Innovation; paradoxical outcomes; place-based approach; science park; technology-focused companies;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M38 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Government Policy and Regulation

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