Role of Entrepreneurial Universities, Research Centers and Economic Zones in Driving Entrepreneurship and Innovation in Cluster Ecosystems

Posted: 5 Apr 2019

See all articles by Azam Pasha

Azam Pasha

SDA Bocconi - School of Management; Jadenex Technologies

Date Written: March 14, 2019

Abstract

Economic zones are recognized as contributors of entrepreneurship and innovation and key elements of national development strategy. This paper empirically evaluates and answers questions like - is there an impact of entrepreneurial universities and research centers on the performance of clusters? why and how this happens? do economic zones affect cluster outputs to the host economy? can there be enhancement of entrepreneurship and innovation in clusters if economic zones are bundled along with entrepreneurial universities and research centers? This study builds up on the dataset of top-100 clusters of innovation, presented by World Intellectual Property Organization (WIPO), refining it and adding five socio-economic output indicators, testing for three independent variables (entrepreneurial universities, research centers and economic zones) to reveal, quantify the relationships and evaluate the impact of these variables on cluster performance. The results show there is a strong effect of all three independent variables but with varying degrees on different socio-economic output indicators, implying that a hybrid or collaborative mod-el with entrepreneurial universities, research centers and economic zones will be the most emphatic alliance to deliver the socio-economic benefits expected out of clusters.

Keywords: Entrepreneurial University, Economic Zones, Entrepreneurship, Innovation, Economic Development, Strategy Management

JEL Classification: A20, F18, O18, O19, O31, L26, L52, L53

Suggested Citation

Pasha, Azam, Role of Entrepreneurial Universities, Research Centers and Economic Zones in Driving Entrepreneurship and Innovation in Cluster Ecosystems (March 14, 2019). Available at SSRN: https://ssrn.com/abstract=3352301 or http://dx.doi.org/10.2139/ssrn.3352301

Azam Pasha (Contact Author)

SDA Bocconi - School of Management ( email )

Via Bocconi 8
Milan, Milan 20136
Italy

Jadenex Technologies ( email )

DSOA
Dubai, Dubai 50613
United Arab Emirates

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