The Ministry of Economy and Infrastructure suggested a new draft law on scientific-technological parks and innovation incubators for public consultations. Amendments are needed because some of the provisions of the current law are ambiguous and affect the process of creating such entities. Also, the institutional central administration reform changed the role of the institutions responsible for the creation and functioning of scientific-technological parks and innovation incubators, IPN reports.

The document proposed for consultations authorizes not only clusters to create scientific-technological parks and innovation incubators, but also the central and local public authorities, associations created by association agreement and higher education institutions. The decisions will be approved by the Government. These entities will work for not less than ten years.

Priority in the contest to employ personnel will be given to scientific-teaching staff, inventors, researchers, doctoral students and students. A project submitted by residents will be implemented during at most four years at scientific-technological parks and during at most three years at innovation incubators.

As regards the stimuli for the subjects of these entities, the land and other property needed for the activity of parks and incubators would be leased out free. Budget funds could be allotted from distinct allocations intended for research and innovation within contests to choose projects to build the infrastructure for scientific-technological parks and innovation incubators.

The Ministry of Economy and Infrastructure considers the new law will ensure greater predictability for potential investors and will stimulate the implementation of innovations and technology transfer for launching high-value products and services.