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3rd Generation Science Parks John Allen

This document outlines a vision for the future of third generation science parks based on a 2006 scenarios workshop. It describes the key characteristics and objectives that successful, mature science parks should have. Specifically: 1) Third generation science parks should be intimately involved in national and regional innovation policies and position themselves as leaders in developing the knowledge economy. They act as gateways rather than destinations. 2) They have clear long-term strategies, sustainable business models, and boards and management of the highest quality. 3) They optimize serendipity through a focus on networking, interactions, and creativity rather than just location and property. Their relationship with universities is active, effective, and shapes curriculum and research.

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Andra Tecucianu
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572 views13 pages

3rd Generation Science Parks John Allen

This document outlines a vision for the future of third generation science parks based on a 2006 scenarios workshop. It describes the key characteristics and objectives that successful, mature science parks should have. Specifically: 1) Third generation science parks should be intimately involved in national and regional innovation policies and position themselves as leaders in developing the knowledge economy. They act as gateways rather than destinations. 2) They have clear long-term strategies, sustainable business models, and boards and management of the highest quality. 3) They optimize serendipity through a focus on networking, interactions, and creativity rather than just location and property. Their relationship with universities is active, effective, and shapes curriculum and research.

Uploaded by

Andra Tecucianu
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Third Generation Science Parks a Vision for the Future

A Scenarios Workshop in 2006, by Professor John Allen - and 29 others

A scenarios workshop
Participants from science parks, research, regional development, venture capital, big business, universities; To determine what characteristics and objectives a future, successful and mature science park should have; Outputs were in the form of a scenario for success, considered from a future standpoint; My objective: move on by looking forward and not back!

Stages of science park development


General process of science park maturation: Start-up establishment and first year or so of operation; Development adding buildings, gaining experience; Maturation recognition of wider, more desirable role in community. Can be a profound change:
Move to multi-site operation; More direct role in helping SME to grow; Closer link with university; Or other features

This is the 3rd Generation Science Park.

Welcome to the future 1


National and regional context:
3G science parks not stand alone ventures, but intimately involved in national and regional innovation policies: Successful science parks have positioned themselves as leaders in the development of the knowledge economy; Great cities of the world have been influenced by the new generation of science parks..

Welcome to the future 2


Strategy:
Management and boards of the highest quality; Clear long-term strategy; Sustainable business model. 3G science parks are gateways, not destinations. Pre-occupation with location, property and place has been replaced with a focus on process.

Welcome to the future 3


Management:
Top-quality CEOs, with leadership qualities, broad set of skills and capable of relating positively to disparate sectors which regularly interact with the park. Underlying fundamental objective in managing a mature science park is to optimise serendipity

Welcome to the future 4


Finance:
Proportion of private investment has greatly increased; Good commercial return, and use a proportion of the surplus to support services to tenants; Public sector support still important for operations in difficult regions.

Welcome to the future 5


Environment:
3G parks: regard the built environment as vital: not an end in itself, but as aid to the process of creativity, interaction and innovation; have sense of responsibility, and show concern for the global environment.

Welcome to the future 6


University relationship:
Principal defining characteristic of 3G SP:
Active, effective, diverse, two-way: University sees park as part of its own institution; Park as shaper of the curriculum and faculty culture; Park impacts back on universitys core business. On curriculum; recruitment; graduate destinations; and the research agenda.

Welcome to the future 7


Networking:
Networking at all levels essential to the 3G SP;
Need for networks at park level, local, regional, national and global; Helps with benchmarking, comparing best practices and supporting commercialisation of high added-value products;

The best parks report a network value in their reports and accounts, and leave those that dont work.

Welcome to the future 8


Growing the companies.
The park management:
Understands their tenants and their objectives; Adds value by interpreting the opportunities and consequences of each tenants business; Strives to establish a climate of trust with its tenants; Offers a range of advice and support to assist growth; Makes the transition from incubation a seamless one.

There is no single right answer!


Professor John Allen allen@[Link]

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