Science and Technology Parks and Their Role in the Economic Development of the Republic of Serbia
Science and Technology Parks and Their Role in the Economic Development of the Republic of Serbia

Author(s): Ivana Kostadinović, Živorad Gligorijević, Milena Kostadinović
Subject(s): Social Sciences, Economy
Published by: Udruženje ekonomista i menadžera Balkana
Summary/Abstract: In a large number of countries, both developed and developing countries, science and technology parks are considered an important mechanism for improving and encouraging the development of industry, as well as the economy as a whole, because they encourage the development of SMEs, which use modern (high) technology, which at the same time affects accelerated economic development based on knowledge. The basic task of all forms of science and technology parks is the development and promotion of innovative activities, the appearance of as many innovations as possible on the market (domestic and international) and assistance in the commercialization of the results of scientifc research. The goal of the work is to indicate that the construction and development of science and technology parks should enable the improvement of the competitiveness of the Republic of Serbia, more intensive economic and development as a whole, faster development of innovative SMEs and increased volume of foreign direct investments. Bearing in mind that there is an uneven distribution of science and technology parks and that in the development of science and technology parks, the Republic of Serbia lags behind the countries of the European Union, as well as some countries in the surrounding area, it is necessary for the coming period to equip them with all the necessary infrastructure, which will enable companies, scientists to engage in scientifc research and project development, as well as to be connected with faculties, other innovative companies and local self-government units.

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