Improvement of interaction of the management of technoparks and local governments

<p>&nbsp;</p><p>Russia has nothing more important than to drive the economy from the dead-lock and launch production establishing facilities enabling efficient innovative process. This is where we address science. Science-related ideas should quickly reach production and transform into commodities. International practice shows that countries seeking leadership in engineering or technology start generating respective knowledge locally. The thing is that innovation cycle should be as quick as possible (period from origination to embodiment) and acceleration is possible only through collaboration between scientists and technologists. Therefore, we are interested in the experience of science parks as a most successful integration model between science and production.</p><p><strong>The purpose</strong> of this paper is to perform analysis of legislative shortcomings of the&nbsp;Russian Federation impeding development of science parks and to develop follow-up recommendations to improve cooperation between science parks&rsquo; management and local governments.</p><p>Purposes of science parks establishment derive from specifics of local development. Science parks may become an efficient instrument to address respective local problems such as low innovative activity of local business, low local additional value, technological weakness of basic sectors, poor investment attractiveness, etc.</p><p>Success of science park projects to a greater extent depends not on the way the park will derive its profit, but on mutually beneficial partnership relations established in advance. For the purposes of a regional branch science park, the municipality should obtain support from regional authorities and find partners represented by major production companies able to become anchor tenants.</p><p>While creating university-based science parks, the municipality should provide support working with major partner &ndash; a local university.</p><p>Technological incubator may be established under an individual project. In this case, the primary function of the municipality is support to the incubator while entering into Russian and international innovation networks (foster care over meetings of incubator companies with financiers and business angels, inviting international innovation companies&rsquo; representatives, finance of incubator&rsquo;s campaigns beyond municipal territory during various exhibitions, and etc.). Therefore, regional and national financial institutes become major partners in projects to create technological incubators.</p>