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Building sustainable regional platforms for incubating science and technology businesses : Evidence from US and French science and technology parks

Author

Listed:
  • Sarfraz Mian

    (EM - EMLyon Business School)

  • Alain Fayolle
  • Wadid Lamine

Abstract

The authors explore the role played by science and technology parks (STPs) as regional platforms for incubating science- and technology-based businesses. Using multiple case studies of the more established US and French STP facilities, they provide an analysis of the contributions made by STPs as regional drivers of innovative entrepreneurship. The paper concludes that successful STPs can act as platforms for incubating science and technology businesses. If modern STPs are to emerge as sustainable platforms of incubation, their business models must be responsive to changing contextual needs through the pursuit of realistic goals, providing high-quality value-added services, employing professionally competent management and maintaining financial strength.

Suggested Citation

  • Sarfraz Mian & Alain Fayolle & Wadid Lamine, 2012. "Building sustainable regional platforms for incubating science and technology businesses : Evidence from US and French science and technology parks," Post-Print hal-02313066, HAL.
    • Handle: RePEc:hal:journl:hal-02313066
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    Citations

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    Cited by:

    1. Claire Champenois & Henry Etzkowitz, 2018. "From boundary line to boundary space: The creation of hybrid organizations as a Triple Helix micro-foundation," Post-Print hal-01988410, HAL.
    2. Wadid Lamine & Sarfraz Mian & Alain Fayolle & Mike Wright & Magnus Klofsten & Henry Etzkowitz, 2018. "Technology business incubation mechanisms and sustainable regional development," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1121-1141, October.
    3. Densil A. Williams, 2016. "Can Neural Networks Predict Business Failure? Evidence From Small High Tech Firms In The Uk," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 21(01), pages 1-17, March.
    4. Mian, Sarfraz & Lamine, Wadid & Fayolle, Alain, 2016. "Technology Business Incubation: An overview of the state of knowledge," Technovation, Elsevier, vol. 50, pages 1-12.
    5. Soetanto, Danny & Jack, Sarah, 2016. "The impact of university-based incubation support on the innovation strategy of academic spin-offs," Technovation, Elsevier, vol. 50, pages 25-40.
    6. Christopher S. Hayter, 2016. "A trajectory of early-stage spinoff success: the role of knowledge intermediaries within an entrepreneurial university ecosystem," Small Business Economics, Springer, vol. 47(3), pages 633-656, October.
    7. Danny Soetanto & Sarah L. Jack, 2018. "Slack resources, exploratory and exploitative innovation and the performance of small technology-based firms at incubators," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1213-1231, October.
    8. Zouhaïer M’Chirgui & Wadid Lamine & Sarfraz Mian & Alain Fayolle, 2018. "University technology commercialization through new venture projects: an assessment of the French regional incubator program," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1142-1160, October.
    9. Sharma, Supriya & Vohra, Neharika, 2020. "Incubation in India – A Multilevel Analysis," IIMA Working Papers WP 2020-03-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
    10. Szopik-Depczyńska, Katarzyna & Cheba, Katarzyna & Bąk, Iwona & Kędzierska-Szczepaniak, Angelika & Szczepaniak, Krzysztof & Ioppolo, Giuseppe, 2020. "Innovation level and local development of EU regions. A new assessment approach," Land Use Policy, Elsevier, vol. 99(C).
    11. Maribel Guerrero & David Urbano & Alain Fayolle & Magnus Klofsten & Sarfraz Mian, 2016. "Entrepreneurial universities: emerging models in the new social and economic landscape," Small Business Economics, Springer, vol. 47(3), pages 551-563, October.
    12. Peter T. Gianiodis & Gideon D. Markman & Andreas Panagopoulos, 2016. "Entrepreneurial universities and overt opportunism," Small Business Economics, Springer, vol. 47(3), pages 609-631, October.
    13. Peter T. Gianiodis & William R. Meek, 2020. "Entrepreneurial education for the entrepreneurial university: a stakeholder perspective," The Journal of Technology Transfer, Springer, vol. 45(4), pages 1167-1195, August.

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