American International Journal of Social Science

An Approach for Sigrid1 Validation Methodology as an Evaluation Method for Science Parks Management: The Case of the Madrid Science Park and Park of the University Carlos III of Madrid
Maria José Herrero-Villa, Sarai López Castro, Jose Molero

Abstract
In the context of entrepreneurial universities, different initiatives have been launched to promote and stimulate activity. One of them is the case of Science Parks, a key instrument to promote both the interaction of universities with the business sector and the regional and innovative development where they establish themselves. In this way, Science Parks (STPs), like as any other action, needs to be evaluated. The absence of methodologies, indicators and, definitively, homogeneous practices of the global STPs in the assessment of their performance has motivated the present research. This work is a study conducted to validate the SIGRID methodology as a management tool based on stable models -as that of the EFQM, the balance scorecard of Norton and Kaplan and other models of business management- to know the efficiency of Science Parks. To do this, across qualitative analyses of case, the methodology is applied in two different Science Parks. The results conclude that i) only half of the indicators of the current model are coincidental in importance and comparability, ii) the model in its initial proposal is not useful to compare between parks, however partially is applicable for the solidity on which it is based and iii) the model provides useful information for the internal management and external communication of each park. Therefore, the next research phase suggests a measure to deepen in the utility of the subsets indicators – in both ways- relevant or not. After that, we suggested the post exploration and categorization of the relevant indicators of different kinds of parks.

Full Text: PDF