Innovative Science Park Management: Alternative FDI strategies to support regional and national development

Not only is foreign investment a less-than-perfect art, companies will sometimes flock to locations that may have become popularized via the media, business school case studies, or even by location consultants making investment recommendations. Strategic STP managers will look carefully at trends and trendy regions as well as those regions not commonly found on the investment radar in order to match the industries, talents, business climate, culture, and quality of life, among other criteria, to the extent that an investor sees the new location as the best place to expand from a business and financial growth perspective. This paper suggests further that a country can improve the optimization of the nature and quality of its growth and wealth through strategic FDI actions taken by science park managers.