World Technopolis Review

World Technopolis Association (세계과학도시연합)
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A Case Study on the Financial Value of Host University Engagement between the University of Surrey and the Surrey Research Park

  • Received : 2019.06.18
  • Accepted : 2019.11.25
  • Published : 2019.12.31
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Abstract

The value of universities in driving economic development has been understood for a long time. However, with the increasing importance of the 'science-entrepreneurship' relationship in giving science its modern economic value there is growing interest in how this dynamic can be enhanced. One of the strategies that has been widely adopted has been the creation of research-science-technology parks although commonly these projects were being established prior to the theoretical approaches that justify their development. This paper reports on a study that measured the financial value of the links between the University of Surrey and tenants on its Surrey Research Park project and also looks forward at strategies being adopted by the University concerning the continuous improvement of its technology transfer offering to increase the value of these links and put some empirical data behind the claims of the value of research-science-technology parks as part of a wider innovation strategy.

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References

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