An international Cooperation scheme for STPs and AIs: The framework of Creative Economy Promotion Program

The creation of Small and Medium Enterprises (SMEs) has undergone unprecedented growth during the past couple of decades. Knowledge-Intensive Entrepreneurship became vitally important for contemporaneous economic health, strongly contributing to job generation and nations gross domestic product. The literature recognizes that the systematic development of innovative SMEs can help boost emerging economies. In this context, the collaboration of SMEs with Global Value Chains (GVC) and specialized Innovation Networks can turn into a valuable resource tool to strengthen the nesting infrastructure and innovation conditions for SMEs business development. This paper presents a case study focusing on the framework and preliminary results of the Brazil-Korea Creative Economy Program, an international collaborative approach for Areas of Innovation (AIs), to foster knowledge-intensive SMEs through collaboration with Global Value Chains and Innovation Networks.