Not much innovation in Asian IT parks, says BSA

[OhioChick]

First Posted 15:43:00 08/25/2008


MANILA, Philippines--IT parks in Asia are much more focused on services rather than creating intellectual property, especially software, according to the Business Software Alliance (BSA).

A study by the Economist Intelligence Unit, commissioned by the BSA, covered Cyberjaya in Malaysia, Dalian Software Park in China, Nankang Software Park in Taiwan and Quang Trung Software City in Vietnam.

Silicon Valley in the United States remains the acknowledged model copied and replicated by IT parks established in countries like Israel, Ireland and India. The four above-mentioned Asian IT parks, however, have had a different experience.

One of the advantages of these software parks is that start-up firms benefit from the low rent and tax breaks available, the study noted.

However, these Asian software parks have had limited success becoming the innovation hubs they were envisioned to be, according to Jeffrey Hardee, BSA Asia Pacific vice president and regional director.

http://newsinfo.inquirer.net/breakingnews/infotech/view/20080825-156740/Not-much-innovation-in-Asian-IT-parks-says-BSA

"Not Much Innovation?"
Well, color me surprised. :sarcasm:

[ihavenobias]

1. Key Sentence fragment: "Low rent and tax breaks".

[frankieT]

2. good news !

US keeps a good lead in innovation !