TECHNOLOGY PARKS AS INSTRUMENTS OF REGIONAL ECONOMIC DEVELOPMENT: THEORETICAL BASES

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TECHNOLOGY PARKS AS INSTRUMENTS OF REGIONAL ECONOMIC DEVELOPMENT: THEORETICAL BASES

In this article the focus of attention is on two issues: the study of the convergence of new approaches to endogenous general economic growth and to regional growth, and the drawing up of policies which aim to create technology parks as instruments of regional economic growth. The approach, initially at least, may be situated within the concept of Marshallian externality, but also within the Buchanan clubs theory. The paper dwells specifically on two aspects: the interaction between economic agents in the process of growth and the existence of a threshold value or critical mass capable of generating self-sustaining development.