A decade ago Knowledge Valley Theory explained the development of SMEs in terms of provoking innovation by knowledge sharing. In this paper the KVT model will be applied to the wider tech entrepreneurship ecosystem, in particular Science and Technology Parks (STPs). In developing KVT theory...

Science and Technology Parks (STPs) are often used as tools to foster regional development. They seek innovations, innovators and encourage innovation amongst the constituent firms, including by networking and knowledge spill over between the inhabitants, Universities and sources of capital. The...