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ISSN Approved Journal || eISSN: 2582-8185 || CODEN: IJSRO2 || Impact Factor 8.2 || Google Scholar and CrossRef Indexed

Peer Reviewed and Referred Journal || Free Certificate of Publication

Research and review articles are invited for publication in October 2026 (Volume 21, Issue 1) Submit manuscript

THE ROLE OF DEVELOPMENT INSTITUTIONS (DEVELOPMENT CORPORATIONS, TECHNOLOGY PARKS, INDUSTRIAL PARKS) IN SHAPING A REGIONAL IT ECOSYSTEM

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  • THE ROLE OF DEVELOPMENT INSTITUTIONS (DEVELOPMENT CORPORATIONS, TECHNOLOGY PARKS, INDUSTRIAL PARKS) IN SHAPING A REGIONAL IT ECOSYSTEM

Konstantin Vyacheslavovich Likhonin *

Belgorod University of Cooperation, Economics and Law, Belgorod, Russia.
* Corresponding Author

Research Article

International Journal of Science and Research Archive, 2026, 21(01), 373–377

Article DOI: 10.30574/ijsra.2026.21.1.1905

DOI url: https://doi.org/10.30574/ijsra.2026.21.1.1905

Received on 07 September 2026; revised on 12 October 2026; accepted on 14 October 2026

Information technology (IT) companies and their staff are highly mobile, which makes the creation of a self-sustaining regional IT ecosystem one of the key tasks of regional policy. This study aims to assess the role of development institutions — regional development corporations, technology parks and industrial parks — in shaping such ecosystems and to identify ways of improving their performance. The study is based on a structured narrative review of peer-reviewed international literature on science and technology parks, industrial parks, regional development agencies, entrepreneurial ecosystems and the location of new information and communication technology (ICT) firms, interpreted through an ecosystem and institutional lens. The review shows that the effect of parks is uneven: they generate spillovers where they are embedded in local economies with strong human capital and business linkages, while elsewhere their contribution is modest or uncertain. Regional development agencies often perform a narrow, property-based service function that suits industrial projects better than technology start-ups. The paper proposes a framework of three functions of development institutions (infrastructure, coordination and investment, financial services) and recommends new performance indicators, an ecosystem-operator role for development corporations, closer integration with the banking sector and support for local demand. These measures can be used by regional authorities when updating IT industry development strategies.

Development institutions; Technology parks; Industrial parks; Regional development agencies; IT ecosystem; Regional policy

https://ijsra.net/sites/default/files/fulltext_pdf/IJSRA-2026-1905.pdf

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Konstantin Vyacheslavovich Likhonin. THE ROLE OF DEVELOPMENT INSTITUTIONS (DEVELOPMENT CORPORATIONS, TECHNOLOGY PARKS, INDUSTRIAL PARKS) IN SHAPING A REGIONAL IT ECOSYSTEM. International Journal of Science and Research Archive, 2026, 21(01), 373–377. Article DOI: https://doi.org/10.30574/ijsra.2026.21.1.1905.

Copyright © Author(s). All rights reserved. This article is published under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits use, sharing, adaptation, distribution, and reproduction in any medium or format, as long as appropriate credit is given to the original author(s) and source, a link to the license is provided, and any changes made are indicated.


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