Article 1 – The aim of this Law, through the cooperation of universities, research institutions and the production sector, is to create technological information in order to give the industry of the nation a structure fit for international competition and exportation, to introduce innovations in products and production methods, to raise the quality or standard of products, to increase productivity, to decrease the costs of production, to commercialise technological knowledge, to support production and entrepreneurship, to enable small and medium-sized enterprises to adapt to new and advanced technologies, to create opportunities of investment in technology intensive areas by taking into account the decisions of Science and Technology Higher Council, to create job opportunities for researchers and qualified persons, to help the transfer of technology and to provide the technological infrastructure which will quicken the entry of the foreign capital which, in turn, will provide high/advanced technology.
Content
Article 2 – This Law covers the foundation of the Technology Development Regions, and their manner of operation, administration and control. The Law also covers the task, competence and responsibilities of the persons and institutions involved.
