Question

Role of technology parks in fostering entrepreneurship development

Answer 1

Answer:

In such an environment S&T Parks, incubators and other supportive programmes for new technologies become important factors for faster growth and development of innovative enterprises. These business units induce significant job creation and are usually successful even after taking off from such a supportive facility

Answer 2

Technology gave new era for entrepreneurship.

Explanation:

• In such an atmosphere S&T Facilities, research labs and other assistance programs for emerging technologies are key factors for rapid growth and efficient business advancement.

• Such lines of business promote considerable creation of jobs and are usually effective also after setting off from such a plant.

• Development parks are particular types that started their development in the mid-twentieth century.

• These are seen as spaces for integrating technology, enterprise, expertise, innovation and creativity to foster the process of creating dreams, ideas and new principles.

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