Internationalization of Science Parks: A case study of Thailand Science Park

Due to globalization and rapid changes in business practices, a science park, as a physical place for conducing R&D of multinational firms and nurturing technology start-ups or technology based firms, may effect and involve purposely and intentionally with the internationalizations process of those firms. However, the study of internationalization of science parks is still limit. The objective of this paper is to investigate the concept of Science Parks internationalization, determine key components of internationalization, and apply these key components to explain internationalization by using a case study of Thailand Science Park (TSP). The results show that TSP has implemented all components of internationalization but only several components have been actively executed more than the others. From our findings a primary set of measure and indicators are proposed and discussed.