Civil Engineering Reference
In-Depth Information
Governments
Total Support
Policy Support
Inducement & Arrangement
for Funding, Information,
Policy, Cooperation
between Industry and
University, Development of
Regional Industries
Industry Growth
Policy Consulting
High Development
of Regional Industries
Funding Support
Universities/
Research Institutions
Practical use
For
Technology
Transfer
Practical use
For
Technology
Transfer
Enterprises
STP
Base for Innovative System
of Regional Technology,
Linkage of Industries and
Universities, Businesses for
6 Objectives, Innovation of
Regional Industries
Improvement of
Commercialization,
Absorption/Utilization of
New Technology
Supply of High Technology
Labors, Creation/Innovation
of New Technology
Activity
Support
Activity
Support
Technology Transfer
Joint Researches
Development Costs
Fig. 4
Regional innovation platform by CTP (
2009
)
should supply new sources of high technology. Governments should provide policy
and budget for cooperation among university/research institution, and enterprises as
well as CTP.
CTP plays as a coordinator or a matchmaker between university/research
institution and enterprises. The first function of CTP is technology transfer
between university/research institution and enterprises. The second function of
CTP is to support R&D program to universities/research institutions when they
conduct researches with enterprises. The third function of CTP is to provide
investment fund from the government budget or private investors to the resident
enterprises. The fourth function of CTP is to provide human capital from
universities to enterprises. For this process, CTP provides training programs to
match the needs of enterprises.
3.2 Four Steps for Business Incubation
The fifth function of CTP is business incubation. There are four steps of business
incubation program at CTP: pre-incubation, main incubation, post-incubation, and
graduation. The pre-incubation is done at the labs and public sponsored offices.
When entrepreneurs bring their business ideas, CTP arranges them to universities
or research institutes to develop their business items. The CTP also provides seed
money for their early stage incubation activities.
Once their items are developed as business models, they can enter into one of
the 17 business incubators as start-up companies. The 17 business incubators are
located in 16 universities and 1 research institute in Chungnam province. CTP
provides managerial know-how and a part of operation cost to 17 business
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