Development Models of Science Parks – Finance and Economic Impacts

Rasigan Maharajh

Local Economic Development is important for:

  • Growth in Productivity and Competitiveness
  • Social Cohesion
  • Good governance a.k.a. Accountability

Science Parks contribute to:

  • Capacity mobilisation
  • Capability formation
  • Competency creation

National Systems of Innovation provide the conceptual framework to:

  • Coordinate knowledge resources
  • Build linkages between public and private enterprises
  • Analyse systemically and forge policy solutions
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