JETBM OPEN ACCESS

Journal of Economic Theory and Business Management

ISSN:3006-4953 (print) | ISSN:3006-4961 (online) | Publication Frequency: Bimonthly

OPEN ACCESS|Research Article||22 June 2026

Financing Instruments for the Development of Technoparks

Jiahe Wang

International Institute of Management and Business

gavrilova141001@gmail.com

International Institute of Management and Business, BY, gavrilova141001@gmail.com.

* Corresponding Author1: Jiahe Wang, E-Mail: gavrilova141001@gmail.com

Publication

Accepted 2026 June 22 ; Published 2026 June 22

Journal of Economic Theory and Business Management, 2026, 3(2), 3006-4953.

Abstract

The paper examines modern instruments for financing the development of technoparks and innovation infrastructure, as well as their role. Emphasis is placed on the need to foster a competitive venture capital environment, attract private capital, and develop crowdfunding within the framework of state programs for innovation potential development. It is shown that under conditions of limited budgetary resources, the diversification of funding sources and the creation of a comprehensive innovation support ecosystem become key factors for the sustainable development of technoparks.

Keywords

Technoparks Financing , Venture Financing , Innovation Funds , State Support .

Metadata

DOI:

10.70393/6a6574626d.343236

ARK:

ark:/40704/JETBM.v3n2a02

Pages: 6-10

References: 3

Disciplines: Business Analytics

Subjects: Other

Cite This Article

APA Style

Wang, J. (2026). Financing instruments for the development of technoparks. Journal of Economic Theory and Business Management, 3(2), 6-10. https://doi.org/10.70393/6a6574626d.343236

Acknowledgments

Not Applicable.

FUNDING

Not Applicable.

INSTITUTIONAL REVIEW BOARD STATEMENT

Not Applicable.

DATA AVAILABILITY STATEMENT

Not Applicable.

INFORMED CONSENT STATEMENT

Not Applicable.

CONFLICT OF INTEREST

Not Applicable.

AUTHOR CONTRIBUTIONS

Not application.

References

1.
Shlychkov, S. V. (Ed.). (2024). Subjects of innovation infrastructure of the Republic of Belarus. State Institution "BelISA".

2.
Association of Technoparks and subjects of innovation activity to appear in Belarus. (2025). BelTA. Retrieved June 9, 2026, from https://belta.by/economics/view/assotsiatsiia-tehnoparkov-isubie

3.
Zalesky, B. (2025). Technoparks as an innovative instrument for export and production of import-substituting products. In Challenges of turbulence: The trajectory of international economic cooperation of Belarus (pp. 11–19).

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Journal of Economic Theory and Business Management (JETBM)
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