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Critical Success Factors For Creation Of Technopolis Communities And Creation Of The Central Florida Technopolis

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Conference

2007 Annual Conference & Exposition

Location

Honolulu, Hawaii

Publication Date

June 24, 2007

Start Date

June 24, 2007

End Date

June 27, 2007

ISSN

2153-5965

Conference Session

Critical Success Factors for Technopolis Creation

Tagged Division

Entrepreneurship & Engineering Innovation

Page Count

20

Page Numbers

12.423.1 - 12.423.20

DOI

10.18260/1-2--1787

Permanent URL

https://jee.org/1787

Download Count

72

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Paper Authors

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Carmo D'Cruz Florida Tech

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Dr. Carmo D'Cruz is Associate Professor of Engineering Enttrepreneurship in the Department of Engineering Systems at Florida Tech. He has over 20 years of industrial experience at Bell Labs,Advanced Micro Devices, Hitachi Semiconductor, RF Monolithics, Harris Semiconductor, Tantivy Communications and Chip Supply Inc. in addition to teaching experience in the Business and Engineering Schools at the University of Central Florida in Orlando.

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Frank Kinney Florida Tech

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Frank Kinney is the Vice-Provost for Research at Florida Tech. Prior to joining Florida Tech he was Executive Director of the Technological Research and Development Authority of the State of Florida

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Vaidy Vaidyanathan

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Pallavoor N. Vaidy Vaidyanathan is the Assistant VP for Research at the University of Central Florida.

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Tom O'Neal University of Central Florida

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Dr. Tom O'Neal is the Associate VP for Research at the University of Central Florida and the CEO of the UCF Technology Incubator.

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Clifford Bragdon Florida Tech

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Dr. Clifford Bragdon is the Dean of the University College at Florida Tech. He has extensive natioan and international experience in creation of Aeropolis communities.

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Dennis Kulonda Florida Tech

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Dennis Kulonda is a Professor in the University College at Florida Tech and the Director of the Florida Tech University College and the Orlando and KSC Centers.

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Grisselle Centeno University of South Florida

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Dr. Grisselle Centeno is an Assistant Professor in the Department of Industrial Management and Systems Engneering at the University of SouthFlorida in Tampa

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Jose Zayas-Castro University of South Florida

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Dr. Jose Zayas Castro is the Chair of the Industrial Management and Systems Engineering Department of the University of South Florida in Tampa.

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Lynda Weatherman Space Caost EDC

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Ms. Lynda Weatherman is President of the Space Coast EDC. She has been instrumental in developing the Space Coast Technopolis in East Central Florida. Ms. Weatherman has considerable experience in Technopolis Development in the US and abroad.

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Abstract
NOTE: The first page of text has been automatically extracted and included below in lieu of an abstract

Critical Success Factors for Creation of Technopolis Communities and Creation of the Central Florida Technopolis

Abstract

Technopolis communities are sprouting up all over the world and are creating a profound impact on global economic landscapes. Today’s global economy can be characterized by increasing globalization, heightened interdependency and the emergence of a new paradigm of regional, institutional and technological clusters which facilitate innovation and its commercialization called the “Technopolis Phenomenon”.

This paper reviews research done on creation of Technopolis communities and highlights exemplary best practices from Technopolis communities around the world such as Silicon Valley, Boston, Austin, Ireland, Bangalore, Taiwan, Sophia-Antipolis, and others. The role of academia-industry-government collaboration in creation of Technopolis communities is discussed in detail. This involves sustained, collaborative efforts by academics, industry representatives, Entrepreneur Support Organizations (ESOs), Economic Development Organizations (EDOs), engineers, entrepreneurs, investors, and other practitioners to develop initiatives, plans, methodologies, infrastructure, and action items for Technopolis creation.

The authors' experiences in attempting to create a Technopolis community in Central Florida from Florida Tech on the Space Coast, through UCF and the Orlando Metropolis to USF and Tampa on the Gulf Coast to add experiential insights for program implementation and effectiveness. Engineering education programming linking academic / continuing education programs with experiential entrepreneurship and community outreach activities is emphasized. Critical Success Factors for Technopolis creation are identified.

Introduction

Today’s global economy can be characterized by increasing globalization, heightened interdependency and the emergence of a new paradigm of regional, institutional and technological clusters, which facilitate innovation and its commercialization, called the “Technopolis Phenomenon”.

A Technopolis (plural Technopoleis) is a region trying to build and maintain a healthy, technology-driven economy. 1

Dr. Fred Phillips (ex Austin, Texas) of the Maastrict School of Management ((Netherlands),1 an acknowledged authority and experienced expert on the Technopolis phenomenon in the US and Europe, has postulated that Technopolis regions grow by: 1. Attracting new companies 2. Nurturing existing indigenous firms 3. Encouraging entrepreneurial start-ups 4. Providing a supportive educational, social, tax, quality-of-life and cultural context for research, technology entrepreneurship and business

D'Cruz, C., & Kinney, F., & Vaidyanathan, V., & O'Neal, T., & Bragdon, C., & Kulonda, D., & Centeno, G., & Zayas-Castro, J., & Weatherman, L. (2007, June), Critical Success Factors For Creation Of Technopolis Communities And Creation Of The Central Florida Technopolis Paper presented at 2007 Annual Conference & Exposition, Honolulu, Hawaii. 10.18260/1-2--1787

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