The Role of Science and Technology Corridors in Knowledge-based Economy Development
Journal Title: Roshd-e-Fanavari - Year 2014, Vol 10, Issue 38
Abstract
"today, there is an urgent need for a paradigm shift from capital economy to knowledge-based economy to achieve sustainable development. The Science and Technology Corridor (STC) as an infrastructure for the development of knowledge-based economy aims to provide an attractive environment for investors, firms, corporations, and knowledge-based institutions and citizens by creating incentives for the industry to move towards new technologies and high valueadded businesses. These corridors are actually special areas which include various components such as universities and higher education institutions, research centers, science and technology parks, knowledge-based in different industries. Their main purpose is to form a technology cluster. In addition, high value-added services are provided by these corridors. The outputs of these areas will facilitate the process of innovation and convert knowledge into wealth. This paper elaborates the properties of knowledge-based economy, defining STCs and explaining Malaysia's Multimedia Super Corridor (MSC) as a successful experience. Malaysia's MSC is a cluster of ICT companies, and its main purpose is to encourage innovation and development of new technologies by the companies. In addition, the potential of the Isfahan as a first experience in Iran for STC establishment and its capability to change the geography and the local economy of the Isfahan from an industrial region into a knowledge-based region will be explained."
Authors and Affiliations
Mahmod Sheykh Zeynaddin, Hasan KIhakbaz, Leyla Khodabandeh, Mehdi Keshmiri
Keywords
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