ASTANA HUB COMMERCIALIZATION PROJECT

dc.contributor.authorAubakir, Ablaikhan
dc.contributor.authorKalmuratova, Aigerim
dc.contributor.authorNurzhaubayeva, Aishabibi
dc.contributor.authorAdilkhan, Arslan
dc.date.accessioned2023-11-08T10:14:41Z
dc.date.available2023-11-08T10:14:41Z
dc.date.issued2022-12-14
dc.description.abstractThis paper examines alternatives and recommendations for the commercialization of the international IT technopark "Astana Hub". Astana Hub established in 2018 operates on the basis of government funding and provides its services on a free-of-charge basis. To become a self-sustainable organization, the technopark plans gradual commercialization via the provision of paid services. Investigating data from interviews with heads of Astana Hub structural units, materials on Astana Hub services and products, financial statements, and essentially study on commercialization models of similar technoparks around the world, this study demonstrates that Astana Hub possesses the necessary resources and services for commercialization. The analysis showed that Astana Hub's currently available products ensure several commercialization options. The most viable options could be the adjustment of the current revenue generation model, switching the business incubation program's compensation from Revenue Sharing to an Equity Stake model, and establishing a syndicate investing initiative with Astana Hub's partners. The paper provides recommendations for commercialization model and key measures for its successful implementation.en_US
dc.identifier.citationAubakir, A. Kalmuratova, A. Nurzhaubayeva, A. Adilkhan, A. (2022). Astana Hub Commercialization Project. Nazarbayev University, Graduate School of Businessen_US
dc.identifier.urihttp://nur.nu.edu.kz/handle/123456789/7496
dc.language.isoen_USen_US
dc.publisherNazarbayev University, Graduate School of Businessen_US
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/*
dc.subjectType of access: Restricteden_US
dc.subjectIT technopark "Astana Hub"en_US
dc.titleASTANA HUB COMMERCIALIZATION PROJECTen_US
dc.typePracticum projectsen_US
workflow.import.sourcescience

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