THE ROLE OF THE GOVERNMENT AND PUBLIC POLICY ON TECHNOLOGICAL INNOVATION IN TECHNOLOGY PARKS: A CASE STUDY OF SUCCESSFUL TECHNOLOGY PARKS

Abstract

This article aims to analyze the role of the government and public policy on technological innovation in technology parks, through a case study of successful technology parks. To this end, a bibliographical research was carried out covering studies and scientific articles that address the topic in question, as well as standards and legislation related to public policy on technological innovation and technology parks. Based on the literature review, it was possible to identify that the government plays a fundamental role in encouraging technological innovation through specific public programs and policies for the development of technology parks. The methodology used to carry out this study was descriptive research, using bibliographic review and secondary data analysis about several successful technology parks around the world as a data source. From this, the key factors for the success of these ventures were identified, such as government investments, adequate infrastructure, tax incentives, partnerships with companies and universities, among others. The research results indicate that public policy on technological innovation plays an important role in the success of technology parks, as it is government policies that create a favorable environment for the emergence and development of innovative companies. It is concluded, therefore, that the government has a crucial role in promoting technological innovation through public policies and investments in technology parks, providing a favorable environment for the development of innovative companies and, consequently, boosting the socioeconomic growth of a region or country.