S&;T Parks and business incubators in middle-sized countries: the case of greece |
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| Authors: | Evangelia Sofouli Nicholas S. Vonortas |
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| Affiliation: | (1) Greek Ministry of Development, General Secretariat of Research and Technology, Athens, Greece;(2) Center for International Science and Technology Policy and Department of Economics, Elliott School of International Affairs, The George Washington University, Washington, DC, USA;(3) Department of Economics, The George Washington University, Washington, DC, USA |
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| Abstract: | This paper links the policy context regarding S&T parks to the objectives and characteristics of the established parks and incubators in a relatively small, converging European country. S&T parks and incubators in Greece during the past decade and a half have gradually shifted in terms of ownership and management from university/research institute to the private sector and in terms of financing from public to private funds, also involving the provision of seed capital and access to venture capital. This gradual shift toward more private engagement has created a variety of models out of which, it is hoped, successful innovative companies will emerge in larger numbers than in the past.
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| Keywords: | Science park Incubator Entrepreneurship Innovation Public policy |
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