The Hong Kong University of Science and Technology: A Case Study in Entrepreneurial University-led Knowledge-based Economic Development

Author(s):  
Naubahar Sharif ◽  
Erik Baark
Author(s):  
Bhaskar Bhowmick ◽  
Susmita Ghosh

Entrepreneurship fosters economic development of a country. This appears more crucial and absolute necessity in emerging country context. The efforts have been laid for entrepreneurship development with the collaboration of academic institutions and industries. These collaborations try to transform academic based research into commercialized products to develop a knowledge based society. Government has also initiated numerous projects to support this effort. This chapter presents an overview of the whole scenario along with its challenges, prospects and future development in emerging country context. The theme has been elaborated with a case study on IIT Kharagpur, India.


2017 ◽  
pp. 2108-2128
Author(s):  
Bhaskar Bhowmick ◽  
Susmita Ghosh

Entrepreneurship fosters economic development of a country. This appears more crucial and absolute necessity in emerging country context. The efforts have been laid for entrepreneurship development with the collaboration of academic institutions and industries. These collaborations try to transform academic based research into commercialized products to develop a knowledge based society. Government has also initiated numerous projects to support this effort. This chapter presents an overview of the whole scenario along with its challenges, prospects and future development in emerging country context. The theme has been elaborated with a case study on IIT Kharagpur, India.


2015 ◽  
Vol 11 (A29A) ◽  
pp. 393-394
Author(s):  
Edward Jurua

AbstractScience and technology play a key role in economic development; and Universities have a direct stake in this process. A knowledge-based economy requires scientific and technological expertise that is strongly influenced by the strength of training in science and technology. However, in Uganda not many students opt for science subject at higher levels, and subsequently in the University. Therefore, there is need to encourage and motivate students to study science subjects in order for this to be successful. This can be achieved through introduction of stimulating subjects such as astronomy in the university curriculum. Astronomy is considered as the most appealing subject and an excellent tool for conveying scientific knowledge to young students. In this paper, the role that astronomy has played to motivate and interest students to study physics in Mbarara University of Science and Technology, in Uganda, is discussed.


2003 ◽  
Vol 07 (01) ◽  
pp. 17-42
Author(s):  
Terence Tsai ◽  
Jonathan Lee ◽  
Catina Pui Pui Siu ◽  
Michael Chun-Fu Ma ◽  
Christianne Lam ◽  
...  

This case study explores the unique challenges confronting a small-sized Hong Kong enterprise in the wake of the "Green Revolution". The founder Mr. Peter Chan, possessed of a zest to protect the natural environment, sought to combine profit for the company with environmental protection. The science and technology behind the development of PestControl®, an organic and environmentally friendly pesticide, was clearly superior to that of its closest competition. However, despite an impressive growth rate in the 1990s, Chan was concerned about his firm's ability to sustain growth. The case is a classic example of entrepreneurship fighting for survival in a rapidly changing society.


Author(s):  
Babak Ziyae ◽  
Mehdi Tajpour

Purpose – The purpose of this paper is to shed light on the entrepreneurial university and to develop a theoretical framework relating entrepreneurship education in the third generation of universities. Therefore, the future research could be carried out to identify and apply the presented model. Design/methodology/approach – In terms of objective, this study is considered as an empirical one, and the research methodology is descriptive-correlative type. Sample population consists of 130 knowledge-based firms in the science and technology parks. In total, 100 knowledge-based firms were selected by using a stratified random sampling. The analysis of data obtained from the questionnaires and both descriptive and inferential parts was done through the application of SPSS, structural equation modeling technique and Smart PLS 3 software. Findings – The results suggested the positive and significant effect of the organizational, individual, institutional, and environmental factors on entrepreneurial university in the science and technology parks. Practical implications – The application of the research model provides an avenue for the practitioners to design accelerates and creative science and technology parks focussing on the commercialization education, entrepreneurial intuition and marketing to students and innovators. Social implications – The theoretical framework of the current study offers a different way forward for policy makers in thinking about those factors that may be critical for success of entrepreneurship education. Policy makers, in general can provide infrastructures to launch third generation of universities, entrepreneurial university, for young generation to increase effectiveness of academic education and to provide the prospect of a more business opportunity recognition. Originality/value – This research contributes to the existing literature in the field of entrepreneurship education. So far, a comprehensive model has been substantially neglected with respect to the entrepreneurial university in the science and technology parks. This new framework can be used to inform thinking and research design in the area of entrepreneurship education to promote entrepreneurial university thought.


2020 ◽  
Vol 20 (1) ◽  
Author(s):  
Kiki Sudiana ◽  
Ratih Hendayani

The main objective of developing Science Technology Parks (STP) is to foster knowledge-based economic clusters in an area. Knowledge-based economic clusters play an important role in encouraging regional innovation and competitiveness to increase the contribution of science and technology in economic development. Due to the important role of the clusters in economic development, it is necessary to seriously manage their performance. The purpose of this paper is to study the Performance Management Practices and Key Performance Indicators implemented in Bandung Techno Park (BTP) as one of the leading Techno parks in Indonesia through the literature review method. This research revealed that there are a number of standard or similar KPIs widely used in many STPs, such as the number of startups created, economic development produced, the number of innovative products made. The study also proposed two additional performance indicators for BTP to complete its goals, which are: economy generated in the area and profitability of STP. The contribution of this research is to provide BTP with a reference for evaluating organizational performance through the use of standard KPIs. Future research can use standardized KPIs that have been validated with a quantitative approach to investigate and evaluate organizational performance. Keywords— Performance management; Key Performance Indicators; Science and Technology Parks


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