The Contribution of Technology Parks to High-Tech Startups

High-tech startups typically choose to be located in technology parks as a way to overcome the inherent limitations of small and young companies, such as the lack of skilled human resources and financial constraints. The objective of this study was to verify how the actors in a technology park contribute to the product development of high-tech startups. The nature of the research was qualitative, based on a multiple case study of three firms established in technology parks located in the South and Southeast regions of Brazil. Results indicate the importance of cooperation with universities in product development, and the financial resources provided by government agencies to foster innovation.