Co-acceleration: A value co-creation platform for internationalization

The paper discusses an exploratory case study centered on the management of a co-acceleration scheme within the Asia Pacific Region. This scheme is analyzed through the cross-border framework of 'value co-creation', which views co-acceleration as a collaborative process orchestrated by science parks and business incubators from different economies.

Through an action research approach, the paper illustrates how the creation of a shared sphere of interaction and mutual influence among the acceleration parties emerges as a crucial management activity in fostering continuous dialogue in international business development.

In this study, Thai-BISPA together with other participating organizations had actively designed and executed the program to serve the internationalization plan of selected companies in exploring the emerging opportunities in Thailand. Thai-BISPA had extended their network of innovation players to support this scheme and had utilized the entrepreneurship development toolkits to facilitate all participants throughout the co-acceleration period. The program is to utilize the strength, expertise and connection of host organizations to facilitate the co-creation of value for client businesses. This underscores the pivotal role of innovation intermediaries in driving collaborative value generation in regional innovation ecosystem.