LAUSR.org creates dashboard-style pages of related content for over 1.5 million academic articles. Sign Up to like articles & get recommendations!

Exploring the Development Strategies of Science Parks Using the Hybrid MCDM Approach

Photo by drew_hays from unsplash

Science parks contribute to a country’s economic growth, promote industrial transformation, and meet the development needs of high-tech industries. They also play an essential role in enhancing technological development and… Click to show full abstract

Science parks contribute to a country’s economic growth, promote industrial transformation, and meet the development needs of high-tech industries. They also play an essential role in enhancing technological development and competitiveness. Due to the impact of the fierce U.S.-China trade war on the global economy, many Taiwanese companies are considering moving their high-end product production lines back to their home country. This trend may promote the growth of the population in the surrounding areas of science parks and affect the limited infra-structure at the same time. This study explores how science parks could achieve sustainable development goals by formulating their development strategy. We summarized four evaluation aspects for constructing the driving factors for developing the science park through literature review and interviews with experts. Combined with the hybrid multiple-criteria decision-making (MCDM) approach, we analyzed stakeholders’ satisfaction among the four aspects of the driving factors for the development of the science parks and put forward appropriate strategy recommendations. We found that the improvement of public infrastructure (PI) can improve not only the environmental quality (EQ) but also promote the business environment (BE) and the working environment (WE). This improvement could attract domestic and foreign manufacturers, create employment opportunities, expand the park’s scale, and eventually promote industrial development. This research improves the method of collecting empirical data to establish the driving forces for developing science parks through suitable development strategies.

Keywords: science; science parks; mcdm approach; development; exploring development; development strategies

Journal Title: Sustainability
Year Published: 2022

Link to full text (if available)


Share on Social Media:                               Sign Up to like & get
recommendations!

Related content

More Information              News              Social Media              Video              Recommended



                Click one of the above tabs to view related content.