“…Other papers also research classic topics such as university-industry linkages and their potential advantages (Liberati et al, 2016;Díez-Vial & Montoro-Sánchez, 2016;Van Oostrom et al, 2019), future challenges (Link, 2019) and incubators and spin-offs (Ferri et al, 2019;Taheri & van Geenhuizen, 2019). Research on the impacts of STPs on regional development (e.g., Dobrosavljević & Živković 2018;Kim et al, 2014;Molina et al, 2011;Yamamoto and Dos Reis Coutinho, 2019;Zeng et al, 2013), as well as the role of STPs in broader innovation policy (Yan et al, 2018), also remains important. A lack of infrastructure, government problems, negative incentives to R&D, lack of industrial clusters and links with universities, and managerial issues form big barriers for STPs' success (Cumming & Johan, 2013;Hussler et al, 2010;Link, 2019;Tonelli et al, 2015).…”