International Journal of Academic Research in Business and Social Sciences

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New conceptual Model of Technology Entrepreneurship Process in Nano-food Science based Technological Firms in Science and Technology Parks

Open access
Nowadays, the uncontrolled population, decreasing of food resources and growing need of countries to supply food has caused that technological entrepreneurship researchers have tend to research about the new product development and technology entrepreneurship process. In the current highly competitive entrepreneurial environment, technological entrepreneurship process is called as the effective factor in the world markets. The complexity of the actors in competitive markets has forced firms' managers to understanding of the effective determinants that effect on technological entrepreneurship process. In this article, we investigate the effective factors of technology entrepreneurship in Science based technological firms that are settled in Science and Technology Parks and then eventually offered a new conceptual model of technological entrepreneurship process. The qualitative data was collected through interviews and applied methodology is adapted from in-depth interviews with 18 academic experts and managers of technological SMEs, policymakers and STP managers of active in food industry until theoretical saturation state achieved. The gathered data was analyzed using axial and open coding methods. The results show that the determinants of technology entrepreneurship process in active science based technological firms settled in Science and Technology Parks includes of five main factors and twenty and six axial factors. The main factors are consisting of organizational, external, institutional, technological and individual factors that are shown in new conceptual model of technology entrepreneurship process. The results of this paper can be used for the optimization of technology entrepreneurship process of science based firms of STPs active in food industry in the world countries.