Serbia is building an economy based on science and innovation and increased investments in scientific research and development. Strengthening ties between science and businesses enables young scientists to remain in the country and ensures sustainable and dynamic growth.
The field of innovation and technological development includes all activities aimed at applying scientific knowledge, technical and technological skills and invention with the purpose of creating and implementing new products, processes, and services that are improved compared to the existing technical technological solutions.
The objective is to attract more investment and to create a favourable environment for the development and promotion of innovation and innovative entrepreneurship so that Serbia can keep up with global developments, which confirms a clear connection between investment in research on the one hand and development and economic growth, competitiveness and positive impact on social development on the other.
In this context, science and technology parks provide key infrastructure to support innovation.
Serbia currently has four science and technology parks – in Belgrade, Novi Sad, Niš, and Čačak – and continues to work on expanding this infrastructure.
Alongside supporting start-ups and scale-ups, drawing technology and development partners and investors, and linking with scientific and educational institutions, science and technology parks also create an environment conducive to the employment of young educated staff and the application of innovative technologies with potential for growth, employment and exports.
Through projects and innovations, those with a vision are given the opportunity to actively participate in realising an idea in whose importance they believe.