New business opportunities in Malaysia
New business opportunities in Malaysia
Technology Parks have effectively distinguished their property commercializing through formulating their services and base to fulfill the demands of their renters who generally comprise of tech companies. A review carried out by AGIT Consulting however, has been done to different technology parks around the world to determine the effectiveness of its Internet services which includes offerings of broadband, IPTV, wireless network and such. What was conspicuously apparent was that renters of technology parks from Ireland, UK, Singapore, Malaysia, Thailand and India are not excessively pleased with the service deals in their parks. As a matter of fact, except for some tech parks, online services stays much the same as it is outside the park. The outcome of this review is planned to spotlight to management of technology parks in addition to to prospective investors who might think about locating to Technology Parks
Science Technology Parks (STPs) have mushroomed all across the world since 1950s beginning with the New business opportunities in Malaysia initial constitution in Silicon Valley at the University of Stanford. At first, the intention of formulating STP was to bring in profit. Nowadays, still, Technology Parks are regarded as a crucial appliance for economic development. Such an appliance is even more demanded in a country such as Malaysia whose economy is getting into a phase of conversion from Agricultural and Manufacturing settled to one which is awareness impelled.
Definition
Technology Parks are sometime New business opportunities in Malaysia related to by others as Research Parks, Technopole, Technology Precinct and many others. For the intention of this report, STP is specified in conformity with the definition afforded by the International Association of Science Park (IASP) which apparently claimed that “Science and Technology Parks are the ideal habitat for businesses and establishments of the worldwide knowledge economy. Science & Technology Parks promote the economic development and competitiveness of regions and cities by:
o establishing new business opportunities and stepping up with the value of full-grown companies
o raising entrepreneurship and incubating new advanced companies
o rendering knowledge-settled jobs
o constructing effective New business opportunities in Malaysia spaces for the coming up knowledge workers
o Stepping up with the synergy between universities and companies..
The quintessential composition of a Science Technology Park is that it should be formulated with the following aims
1. To support the creation and development of knowledge settled establishments who are usually residents on site
2. To have links among its renters comprising of Universities, Research Institutions and Companies
3. To have other value added New business opportunities in Malaysia services conjointly with high quality space and facilities
The last aim will be the concentration of this report. Different STPs have proclaimed that the services and facilities, ie the base, offered by their parks are of high quality, if not of world class. Such are the New business opportunities in Malaysia claims made by STPs from Edinburgh Technopole , Northern Ireland Science Park and many others. The definition of quality should likewise imply that the physical base offered by the STPs fulfills the demand of its clients or in this instance, the renters in the park who comprises of Multinationals and small medium companies both local and international. The aim of this report is to evaluate whether some of the Technology Parks’ physical base are of high quality. A method of estimating this is through appraising the effectivity of the Technology Parks itself, such as the number of renters it acquires compared to its aims. Yet, this proposal will rather carry out a research that will evaluate whether the physical base offered, have sufficiently fulfilled the demands of its renters through a review. From the review, proof will likewise be accumulated as to whether such base especially the New business opportunities in Malaysia online services which might comprise of dial up, broadband, wireless and bestowed value such as IPTV contributed to the Malaysia country’s economic evolution and advancement.
