Identifying Key Problems and Constraints in the Development of Innovative Activities in Technology Parks

The study examines the potential for adapting successful elements of the Chinese technology park development model to the Republic of Belarus. The objective of the study is to identify factors reducing the effectiveness of Belarusian technology parks and identify areas for improvement, taking into account international experience. The paper consists of an introduction, which outlines the objective, hypothesis, and relevance of the topic. The main section presents an analysis of the institutional, financial, and organizational barriers to the operation of Belarusian technology parks; and a comparative study of the Chinese model, which demonstrates high performance. The results of the study demonstrate that eliminating the identified limitations and adapting individual mechanisms of Chinese practice can improve the effectiveness of technology parks and strengthen their role in the national innovation system.