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Synergy and co-operation between Science Parks and Business Incubators

Synergy and co-operation between Science Parks and Business Incubators. Luis Sans. Looking ahead SPs – BICs Co-Operation must be enhanced. Globalization Increasing role of SMEs Increasing role of the spin- off phenomenon Larger network.

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Synergy and co-operation between Science Parks and Business Incubators

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  1. Synergy and co-operation between Science Parks and Business Incubators Luis Sans

  2. Looking aheadSPs – BICs Co-Operation must be enhanced • Globalization • Increasing role of SMEs • Increasing role of the spin- off phenomenon • Larger network

  3. SPS – BICs : Specialization • BIC : Startup process • SP: developed Companies … So far for the theory

  4. The Poultry breeding … (1) • Incubating the golden eggs

  5. The Poultry breeding … (2) • The roosters grow healthy

  6. The Poultry breeding … (3) • The outside world (the market) can be a dangerous place

  7. The Poultry breeding … (4) • Roosters need a good environment to grow adult with chances of success: • Science and Technology parks

  8. BIC’S Success factors & SPS (1) • Establishing focused goals Focus on the sectored niches already existing in SPS • Link to prof. Business communities SPS: mature Business communities to link with

  9. BIC’S Success factors & SPs (2) • Adequate planning of physical facilities SPs: high quality standards, good technical infrastructure • Dynamic management team SPs and BICs share core skills = Synergy = Shortening the learning curve

  10. BIC’S Success factors & SPs (3) • Adding value through quality services I give you & you give me • SPs ; Services that can be used by BICs • BICs ; Incubate firms that can provide adding value services to SPs’ tenants.

  11. BIC’S Success factors & SPs (4) • Mobilizing finance for new firms • SPs ; Larger Tenants potential speed / venture capitalists • SPs & BICs ; setting joint funds to tale equity in tenant companies

  12. Main areas of Synergy • BICs : feed SPs with growing innovative business which can become SP tenants • BICs & SPs : can reciprocal widen its networking opportunities • BICs : can provide specialized suppliers for SP tenants • SPs : can provide initial customers for BICs, companies

  13. Main areas of Synergy

  14. Main areas of Synergy

  15. Summarizing • SPs & BICs : A”natural” relationship • SPs & BICs : Must strengthen their links • SP + BIC : Multiplying effect of efficiency

  16. Final message SPs & BICs : Must march towards a common global network

  17. Networking • Networking is an old-age phenomenon • It the digital age & globalization have put networks & networkers in a pivotal position • SPs & BICs managers must network: >> for their own sake >> on behalf of their tenants • “Networking” an often misunderstood concept

  18. Perceptions of Networking • Insiders see it as a positive force/ stimulus • Outsiders: privileged circles where the happy few get better opportunities, handle things and take the decisions

  19. What is Networking • Acting within a group of people linked by common interests, which is enriched by your inputs & from where you also extract your share of benefits • The “love” equation making business with people you like <to like someone you have to meet him/her first> meeting people / liking people / making business with people ceding for future business – making

  20. The nice thing is … • That which you make connection for business, you also make connection for life … “There is more the business to networking” • Good networkers make of networking on important part of their personal development

  21. Some rules for good networking • Incorporate networking to your business / strategy plans • Allocate an adequate budget • Set goals and objectives • Check the accomplishments of your objectives • Plan your traveling • Have a methodology to handle your contacts follow me

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