Contributions of Science and Technology Parks Towards Firms' Performance in Pakistan
Several countries have adopted different strategies, models and policies to assist companies to develop their technological capabilities. These include high tech cluster development, creation of venture capital fund, establishment of technology incubation center, and Science & Technology parks....
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Mehran University of Engineering and Technology
2013-07-01
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| Series: | Mehran University Research Journal of Engineering and Technology |
| Subjects: | |
| Online Access: | http://publications.muet.edu.pk/research_papers/pdf/pdf787.pdf |
| _version_ | 1818025825828601856 |
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| author | Wahid Bux Mangrio Arabella Bhutto Iffat Batool Naqvi |
| author_facet | Wahid Bux Mangrio Arabella Bhutto Iffat Batool Naqvi |
| author_sort | Wahid Bux Mangrio |
| collection | DOAJ |
| description | Several countries have adopted different strategies, models and policies to assist companies to develop their technological capabilities. These include high tech cluster development, creation of venture capital fund, establishment of technology incubation center, and Science & Technology parks. In turn, the creation of knowledge base industries, regional development, improves the technological infrastructure and life standard of the people. This paper discusses the contribution of science and technology parks in firms' performance in particularly employment, sales and profitability and also in creation of new businesses in information technology sector in Pakistan. This study is based on the case study of STPs (Software Technology Parks) of Islamabad. The results revealed that the establishment of STPs could be helpful in the creation of new companies as half of firms located at the STPs were startup enterprises. It helps firms to enhance its growth performance in the first five years after starting their business at these STPs. By developing software parks in three major cities, Pakistan Software Export Board have achieved partially its objectives. |
| first_indexed | 2024-12-10T04:22:16Z |
| format | Article |
| id | doaj.art-8f631d96bf7d41f796a52fb23cb3cf25 |
| institution | Directory Open Access Journal |
| issn | 0254-7821 2413-7219 |
| language | English |
| last_indexed | 2024-12-10T04:22:16Z |
| publishDate | 2013-07-01 |
| publisher | Mehran University of Engineering and Technology |
| record_format | Article |
| series | Mehran University Research Journal of Engineering and Technology |
| spelling | doaj.art-8f631d96bf7d41f796a52fb23cb3cf252022-12-22T02:02:22ZengMehran University of Engineering and TechnologyMehran University Research Journal of Engineering and Technology0254-78212413-72192013-07-01323391400Contributions of Science and Technology Parks Towards Firms' Performance in PakistanWahid Bux Mangrio0Arabella Bhutto1Iffat Batool Naqvi2Mehran University Institute of Science, Technology & Development, Mehran University of Engineering & Technology Jamshoro, PakistanMehran University Institute of Science, Technology & Development, Mehran University of Engineering & Technology Jamshoro, PakistanMehran University Institute of Science, Technology & Development, Mehran University of Engineering & Technology Jamshoro, PakistanSeveral countries have adopted different strategies, models and policies to assist companies to develop their technological capabilities. These include high tech cluster development, creation of venture capital fund, establishment of technology incubation center, and Science & Technology parks. In turn, the creation of knowledge base industries, regional development, improves the technological infrastructure and life standard of the people. This paper discusses the contribution of science and technology parks in firms' performance in particularly employment, sales and profitability and also in creation of new businesses in information technology sector in Pakistan. This study is based on the case study of STPs (Software Technology Parks) of Islamabad. The results revealed that the establishment of STPs could be helpful in the creation of new companies as half of firms located at the STPs were startup enterprises. It helps firms to enhance its growth performance in the first five years after starting their business at these STPs. By developing software parks in three major cities, Pakistan Software Export Board have achieved partially its objectives.http://publications.muet.edu.pk/research_papers/pdf/pdf787.pdfScience & Technology ParksSoftware Technology ParksPakistan Software Export BoardEmploymentSalesProfitability |
| spellingShingle | Wahid Bux Mangrio Arabella Bhutto Iffat Batool Naqvi Contributions of Science and Technology Parks Towards Firms' Performance in Pakistan Mehran University Research Journal of Engineering and Technology Science & Technology Parks Software Technology Parks Pakistan Software Export Board Employment Sales Profitability |
| title | Contributions of Science and Technology Parks Towards Firms' Performance in Pakistan |
| title_full | Contributions of Science and Technology Parks Towards Firms' Performance in Pakistan |
| title_fullStr | Contributions of Science and Technology Parks Towards Firms' Performance in Pakistan |
| title_full_unstemmed | Contributions of Science and Technology Parks Towards Firms' Performance in Pakistan |
| title_short | Contributions of Science and Technology Parks Towards Firms' Performance in Pakistan |
| title_sort | contributions of science and technology parks towards firms performance in pakistan |
| topic | Science & Technology Parks Software Technology Parks Pakistan Software Export Board Employment Sales Profitability |
| url | http://publications.muet.edu.pk/research_papers/pdf/pdf787.pdf |
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