IDEAS home Printed from https://ideas.repec.org/a/bal/journl/2256-074220195310.html
   My bibliography  Save this article

Construction Of Technology Parks As A Means Of Resolving Conflicts Of Interest Between The Subjects Of The Investment Process

Author

Listed:
  • Anastasiya Ilyina

    (Kyiv National University of Trade and Economics, Ukraine)

Abstract

The purpose of this paper is to determine the ways of improving the work of technology parks in Ukraine. Methodology. In the paper, there were used the following methods: the dialectical method (consideration of the theoretical foundations of the construction of technology parks in the context of the close interconnection of their functioning with a high-quality education system); scientific abstraction, theoretical and empirical analysis (study of the need for establishing the relations between the subjects of the investment process, the activities of which are carried out at the technology park area and its impact on the development of an innovation infrastructure in the country and also standard of living of the population); the method of modelling (studying the structure of the technology park, the process of its functioning and development); statistical methods (grouping, comparison, dynamic series), used during the comparative and statistical analysis of activities of technology parks in Ukraine. Results of the research study showed that each model of the construction of technology parks (American, Japanese, European) based on the principles of their operations has corresponding disadvantages, which to a large extent would negatively affect their work. The comparative analysis of the activities of Ukrainian technology parks has shown the imperfection of their functioning due to significant differences of interest among the participants in the implementation of innovation projects since each individual technology park prefers to carry out its activities according to a separate model of developed countries of the world, without taking into account the underdevelopment of the education and industrial complex in Ukraine. In addition, due to unresolved relations between state authorities and local self-government bodies, there was not enough development of any targeted program for the implementation of technology parks' projects at both the state and local levels. As the statistical analysis showed, it has suspended the work of technology parks in Ukraine due to the lack of state incentives for their innovation and investment activities. All of this made it possible to conclude that the improvement of the work of existing technology parks, which could become a successful prospect for the construction of new ones, requires the resolving conflicts of interest among all the subjects of the investment process. Practical implications. An improved model for the construction of technology parks is needed for the effective interconnection of the main elements of the government system, namely: state, science, business, and population in order to create harmonious relations between all the subjects of the investment process. It will contribute to the strengthening of public confidence in the authorities, harmonization between state authorities and local self-government bodies, and also improvement of the process of providing administrative services to the population. All of this will give an opportunity for innovation-active enterprises to realize the innovative products and, thus, to expand the innovation infrastructure, paving the way for a bright future in the creation of the effective e-government system in the country. Value/originality. A harmonious interaction between state authorities and local self-government bodies contributes to the development and approval of targeted programs for the implementation of technology parks projects, and also other innovation projects concerning the development of information and telecommunication infrastructure. In this case, the research centres, operating on the basis of the universities, at the expense of student fee, conduct research on the impact of the realized innovation project on the economic and social development, and also grant students scholarships, leading to the expansion of technopolises and, thus, variety of services for the population.

Suggested Citation

  • Anastasiya Ilyina, 2019. "Construction Of Technology Parks As A Means Of Resolving Conflicts Of Interest Between The Subjects Of The Investment Process," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 5(3).
  • Handle: RePEc:bal:journl:2256-0742:2019:5:3:10
    DOI: 10.30525/2256-0742/2019-5-3-71-81
    as

    Download full text from publisher

    File URL: http://www.baltijapublishing.lv/index.php/issue/article/view/675/pdf
    Download Restriction: no

    File URL: http://www.baltijapublishing.lv/index.php/issue/article/view/675
    Download Restriction: no

    File URL: https://libkey.io/10.30525/2256-0742/2019-5-3-71-81?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Andrés Rodríguez-Pose & Daniel Hardy, 2014. "Technology and Industrial Parks in Emerging Countries," SpringerBriefs in Regional Science, Springer, edition 127, number 978-3-319-07992-9.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Laiqun Jin & Xiuyan Liu & Sam Hak Kan Tang, 2021. "High-Technology Zones, Misallocation of Resources among Cities and Aggregate Productivity: Evidence from China," Economics Discussion / Working Papers 21-11, The University of Western Australia, Department of Economics.
    2. Neil Lee & Andrés Rodríguez-Pose, 2016. "Is There Trickle-Down from Tech? Poverty, Employment, and the High-Technology Multiplier in U.S. Cities," Annals of the American Association of Geographers, Taylor & Francis Journals, vol. 106(5), pages 1114-1134, September.
    3. Benner, Maximilian & Buzin, Johannes & Hoffmann, Jakob & Taifour, Ahmad Azzam, 2017. "Inclusive local development: A strategy for Heraklion, Greece," MPRA Paper 81323, University Library of Munich, Germany.
    4. Maximilian Benner, 2019. "Industrial Policy in the EU and Its Neighbourhood: Learning from Policy Experimentation," Economies, MDPI, vol. 7(2), pages 1-22, May.
    5. Hülya Ünlü & Serdal Temel & Kristel Miller, 2023. "Understanding the drivers of patent performance of University Science Parks in Turkey," The Journal of Technology Transfer, Springer, vol. 48(3), pages 842-872, June.
    6. Andrés Rodríguez-Pose & Callum Wilkie, 2018. "Strategies of gain and strategies of waste: What determines the success of development intervention?," Papers in Evolutionary Economic Geography (PEEG) 1826, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jul 2018.
    7. Ricardo Hausmann & Juan Obach & Miguel Angel Santos, 2016. "Special Economic Zones in Panama: Technology Spillovers from a Labor Market Perspective," CID Working Papers 326, Center for International Development at Harvard University.
    8. Alberto Albahari & Andrés Barge-Gil & Salvador Pérez-Canto & Paolo Landoni, 2023. "The effect of science and technology parks on tenant firms: a literature review," The Journal of Technology Transfer, Springer, vol. 48(4), pages 1489-1531, August.
    9. Ileana Palaco & Suk Kyoung Kim & Min Jae Park & Jae Jeung Rho, 2022. "Exploring capabilities of international technology transfer intermediaries between emerging and developed countries," The Journal of Technology Transfer, Springer, vol. 47(1), pages 307-352, February.
    10. Susanne A. Frick & Andrés Rodríguez-Pose & Michael Wong, 2018. "Towards economically dynamic Special Economic Zones in emerging countries," Papers in Evolutionary Economic Geography (PEEG) 1816, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Apr 2018.
    11. Susanne Frick & Andrés Rodríguez-Pose, . "Are special economic zones in emerging countries a catalyst for the growth of surrounding areas?," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    12. Andrés Rodríguez‐Pose & Federico Bartalucci & Susanne A. Frick & Amelia U. Santos‐Paulino & Richard Bolwijn, 2022. "The challenge of developing special economic zones in Africa: Evidence and lessons learnt," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(2), pages 456-481, April.
    13. Arauzo Carod, Josep Maria & Segarra Blasco, Agustí, 1958- & Teruel, Mercedes, 2016. "Science and technology parks and firm growth," Working Papers 2072/266576, Universitat Rovira i Virgili, Department of Economics.
    14. Haddad, Christian & Benner, Maximilian, 2021. "Situating innovation policy in Mediterranean Arab countries: A research agenda for context sensitivity," Research Policy, Elsevier, vol. 50(7).
    15. Hausmann, Ricardo & Obach, Juan & Santos, Miquel Angel, 2016. "Special Economic Zones in Panama: A Critical Assessment," Working Paper Series rwp16-044, Harvard University, John F. Kennedy School of Government.
    16. Shuaijun Xue & Robert Hassink, 2021. "Combinatorial knowledge bases, proximity and agency across space: the case of the high-end medical device industry in Shanghai," PEGIS geo-disc-2021_04, Institute for Economic Geography and GIScience, Department of Socioeconomics, Vienna University of Economics and Business.
    17. Marcos Anton-Tejon & Catalina Martinez & Alberto Albahari & Andrés Barge-Gil, 2024. "Science and technology parks and their effects on the quality of tenants’ patents," The Journal of Technology Transfer, Springer, vol. 49(5), pages 1846-1879, October.
    18. Maximilian Benner, 2022. "An institutionalist perspective on smart specialization: Towards a political economy of regional innovation policy [Place-based Policy and Politics]," Science and Public Policy, Oxford University Press, vol. 49(6), pages 878-889.

    More about this item

    Keywords

    technology park; innovation project; innovation and investment activities; investment process; subject of investment process; state support; targeted program;
    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
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bal:journl:2256-0742:2019:5:3:10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anita Jankovska (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.