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university–enterprise cooperation

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In the future, other structures can be added,<br />

such as restaurants, a technical museum<br />

targeted at practical introduction of high<br />

school students into R&D, legal advisory,<br />

etc. The Science & Technology Park is a rather<br />

broad concept used to describe various attempts<br />

at stimulating development entrepreneurial,<br />

knowledge-based small and mediumsized<br />

enterprises (SMEs) within a country.<br />

Although there are several definitions of<br />

STPs, the fact is that they represent an<br />

agglomeration of SMEs, which have the<br />

following characteristics:<br />

• They are linked to education and research<br />

institutions;<br />

• They offer infrastructure and services<br />

for the activities of the hosted SMEs,<br />

primarily real estate and business space;<br />

• They facilitate the process of technology<br />

transfer; and<br />

• They are intended to stimulate the industrial<br />

development of the region where they are<br />

located.<br />

The basic aims of the STPs will be to provide<br />

a favorable environments and infrastructure<br />

and to support the creation and growth of new<br />

enterprises which commercialize innovations<br />

from universities or research institutes.<br />

The activity of STPs includes offering an<br />

entire set of services to tenant companies, in<br />

order to help them survive on the research and<br />

development market. The motives for founding<br />

STPs in WBCs are industrialization, regional<br />

development and the creation of synergy. The<br />

goal of these Parks is to stimulate economic<br />

growth in the region by:<br />

• Creating an atmosphere suitable to the<br />

development of innovative activity;<br />

• Support of entrepreneurship in the<br />

scientific-technological sphere;<br />

• Forming of an infrastructure which<br />

stimulates the creation and development<br />

of small innovative companies;<br />

• Technology transfer;<br />

• Commercialization of the results of<br />

scientific and technological research;<br />

• The employment of the best students<br />

who finish their courses of studies.<br />

In WB region S&T Parks will be also used<br />

to attract foreign investment for creating<br />

jobs in the domain of high technology 1 and<br />

increasing the governmental budget. One of<br />

the important goals is also to prevent braindrain<br />

phenomena which have been specific<br />

for WBCs in previous period.<br />

These STPs should be funded partly by<br />

Ministries of Sciences and Technological<br />

Development (or equivalent) and partly<br />

through rents earned from their tenant<br />

companies. Private investors and venture<br />

capital funds can also invest resources in<br />

order to make a profit later on. Obtaining<br />

these resources for companies will be one of<br />

the most important functions of the park’s<br />

management. Within the Parks should be<br />

developed and promoted the entrepreneurial<br />

spirit among science students and staff, and<br />

to encourage them to set up small hightechnology<br />

companies. The STPs will provide<br />

tenants with professional educational<br />

courses, organize participation of tenant<br />

companies in international trade fairs and<br />

will provide consultations on development<br />

strategies, financing, participation in markets<br />

and placement of products.<br />

6.3.1.1 Technology Transfer Center<br />

Technology transfer is defined as a transfer<br />

of knowledge, scientific or technical knowhow,<br />

technology, technology-based ideas or<br />

research results, developed within an academic<br />

institution, from academic institution to industry,<br />

where an academic institution may or may not<br />

have the property rights for commercialization<br />

of such scientific or technical know-how,<br />

technology or research results.<br />

Politicians in European Union also recognized<br />

the importance of technology transfer from<br />

academia and establishment of spin-offs,<br />

therefore European Union funds projects<br />

such as PROTON (pan-European network of<br />

Technology Transfer Offices and companies<br />

affiliated to universities and other Public<br />

Research Organizations), PRIME (Policies for<br />

Research and Innovation in the Move towards<br />

1 There are some initiatives in the ICT area, such as<br />

the upcoming Technology Park at Indjija - located 30 km<br />

south of Novi Sad, Serbia<br />

105<br />

New WBC model of university-enterprise <strong>cooperation</strong> 6

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