The premise of the knowledge-driven economy originates back to the 1960s, described as an efficient system of distribution and access to knowledge for increasing the amount of innovative opportunity.1 However, policies supporting transformation of regions into knowledge-driven economies are primarily focused on setting the most favourable conditions for supporting the innovation, talents and creation of knowledge-based companies and their growth. Under the current paradigm, knowledge-based entrepreneurship is recognised as the key ingredient of regional future economic growth and competitiveness.
Science and technology parks are one of the key institutions of the regional innovation ecosystem, viewed as a catalyst facilitating flow of knowledge and innovation between the academic, public and business environments towards market. The core objective of the technology park is to link innovations with knowledge-based business. By providing companies with the necessary infrastructure, services, education/training and promotion, it motivates entrepreneurial potential and assists in the realisation of initiatives with high levels of knowledge and market potential. At the same time it enables matchmaking and synergies with the domestic and foreign development, research, financial and market environments.
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