Problems of Technology Parks Development in the Republic of Belarus

Abstract

This article examines the operating environment of technology parks as entities within the innovation structure of the Republic of Belarus, which negatively impact their functioning and development. Strategies for improving the efficiency of technology parks, their role in developing competitive advantages and stimulating entrepreneurial activity in the country and its regions are discussed. In particular, the analysis highlights institutional bottlenecks, resource constraints, and regulatory mismatches that hinder knowledge transfer and commercialisation, while proposing targeted policy interventions and collaborative frameworks to unlock the full potential of these innovation hubs. Such measures are essential not only for enhancing regional economic resilience but also for integrating Belarusian tech parks more effectively into global value chains and fostering sustainable, knowledge-driven growth.