The model of investment promotion policy scheme in science and technology park: a case study of technopolis in Indonesia

• Main Authors: Wahyudi Sutopo, Ayu Erliza, Anugerah Widiyanto, Raja Rizqi Apriandy, Ahad Ali
• Format: Article
• Language: English
• Published: Taylor & Francis Group 2018-01-01
• Series: Production and Manufacturing Research: An Open Access Journal
• Subjects: Technopolis; investment promotion; promotion policy instrument; game theory; goal development
• Online Access: http://dx.doi.org/10.1080/21693277.2018.1511485

Technopolis has close relationships to the development of science and technology park. Therefore, this research is intended to develop mathematical model for Promotion Policy Instrument (PPI) that can be implemented for investment promotion scheme by examining technopolis case in Indonesia. The model is formulated by adapting Game Theory Model (Model I) and Goal Programming Model (Model II). Three main activities group – productive, research and technology development, social activity and infrastructure – should be simultaneously developed. Game Theory model indicated that social activity and infrastructure projects are basically rejected due to negative payoff. While Goal Programming Model, by given 3 alternatives condition, shows that each alternative only give benefit to only one activity. Sensitivity analysis reveals the ability of the models in responding the possible adjustment towards uncontrollable input. The models from PPI scheme in KTP can also be implemented as the benchmarking to develop science and techno park in another location.