ABSTRACT
Entrepreneurs often face the challenge of leveraging resources to advance novel business ideas and develop their business. Entrepreneurial initiatives often demand new spaces that can both shelter the development and accelerate the consolidation of innovative businesses. In Brazil, ever since 1984, parks for the development of technology have been created in order to address these issues by hosting technology-based companies that were constituted through agreements with the National Council for Scientific and Technological Development (CNPq). These parks were first founded in specific cities such as São Carlos in the state of São Paulo, Joinville in the state of Santa Catarina, Campina Grande in the state of Paraíba, Manaus in the state of Amazonas and Santa Maria in the state of Rio Grande do Sul. These early experiments led to the creation of new parks in many different regions of Brazil.
