Incubation and Technology Parks: Recent Trends, Research and Approaches

Wilson R. Nyemba, Charles Mbohwa, Keith F. Carter

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The direct and dynamic relationship linking academia with industry has been the ability by academia to provide practical solutions and innovations to solve industry’s challenges. In recent years and in response to the rapid changes in technology, higher education institutions have invested in innovation hubs for incubating novel ideas as well as technology and industrial parks for developing the same ideas to commercialisation. This chapter focusses on business incubation principles and the establishment of innovation hubs, science and technology parks by institutions under the Southern Africa Engineering Education Network (SAE2Net), how these have prospered and how the technology parks improved technology transfer. Although SAE2Net members are situated in the same region, this chapter also analyses how the different country environments affected the development of such parks. Success variable factors for product development and sustainability of the parks as well as constraints and challenges were analysed to enhance bridging of the gap between academia and industry through science and technology innovations.

Original languageEnglish
Title of host publicationEAI/Springer Innovations in Communication and Computing
PublisherSpringer Science and Business Media Deutschland GmbH
Pages209-228
Number of pages20
DOIs
Publication statusPublished - 2021
Externally publishedYes

Publication series

NameEAI/Springer Innovations in Communication and Computing
ISSN (Print)2522-8595
ISSN (Electronic)2522-8609

Keywords

  • Customisation
  • Flexibility
  • Incubation
  • Industrial and technology parks
  • Innovation hub
  • Innovators
  • Invention
  • Product development
  • Success variable factors
  • Technology and knowledge transfer

ASJC Scopus subject areas

  • Information Systems
  • Health Informatics
  • Computer Networks and Communications
  • Electrical and Electronic Engineering

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