Nurturing and Sustaining Entrepreneurship

Abstract

This article is the second of two dedicated to the nature and scope of university–industry interaction in Australia. The first article, published in the October 1999 issue of Industry and Higher Education, was concerned with overall strategies, policies and instruments facilitating innovation and technology-based entrepreneurship, especially through the development of science and technology parks (STPs). STPs continue to remain the focus of this article as it is based on the findings of the same study mission to Australia that informed the first article. However, specific attention is given here to the features of particular university or science park based entrepreneurial activities, especially as they serve to promote innovation in small and medium-sized enterprises located on the STPs. While the descriptive scope of the article is general in nature, the objective is to examine individual schemes and projects that have been developed to foster better university–industry interaction, and SME growth and development, especially entrepreneurial good practice.

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