In many literature on innovation, it has been proven that the success of innovation is highly influenced by interorganizational collaboration. The purpose of this article is to provide a complete case study on how academic-business-community-government (ABCG) plus bank partnership can be nurtured to create innovation. To develop successful innovation that could provide hallo economy impact, a systematic strategy development is needed with the support of strong partnership between ABCG and banks. This study uses qualitative approach (direct observation) by taking a case study of Technology Advanced Metropolitan Area (TAMA) in Japan who has successfully developed Greater Tokyo Initiative (GTI). Result of this study shows that to develop a successful cluster, there is a need of systematic cluster strategy with the help of ABCG and bank partnership. This strategy should include cultivation of key persons for local industrial vitalization, analysis for new industries, any kind of supports for planning industrial vitalization plan, supports for collaboration with other areas and also overseas marketing. TAMA is a comprehensive example of ABCG collaboration that not only develop regional network so that some projects can run smoothly but also create collaboration with other cluster in Japan and in the world to contribute to global innovations to strengthen their network.
|Journal||South Asian Journal of Business and Management Cases|
|Publication status||Published - 1 Jan 2019|
- academy-business-community-government partnership
- interorganizational collaboration