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S&T Country Report - Albania - WBC-INCO Net

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technology centres has not been ideal; there is a need for a performance review to<br />

focus attention on their role in facilitating collaboration between research and<br />

business in their respective territories (OECD and EC, 2007).<br />

The Government of the Republic of Croatia has been pursuing a proactive policy<br />

directed towards promoting SMEs development on local and regional levels and<br />

through the activities of the Croatian Agency for Small Business, Agency for Exports<br />

and Investment Promotion and institutional support provided to the SMEs by<br />

chambers, associations, entrepreneurial centres, technological parks and incubators<br />

and development agencies.<br />

Business policies of the financial institutions (mainly commercial banks) also play an<br />

important role in determining the dynamics and the quality of SMEs development. In<br />

2005 and 2006, qualitative improvements were seen in the financial follow-up of<br />

SMEs strengthening programme, mostly through Croatian Bank for Reconstruction<br />

and Development but increasingly also through commercial banks. This is the result<br />

of a well designed framework for SMEs development as well as qualitative<br />

improvements in the sector. In the period 2007-2009, financial institutions can be<br />

expected to make an even greater contribution to further SMEs development,<br />

particularly in view of the high level of stability and development of the Croatian<br />

banking system and further financial system deepening. In the context of PHARE<br />

2006 programme, a grant scheme project has been devised intended for the SMEs<br />

sector with the aim of increasing competitiveness and exports of the Croatian SMEs.<br />

This pilot project, whose launching was planned for mid-2007 will finance consulting<br />

services, promotion activities, market research, product development and<br />

participation at international fairs and events. The project also presents an<br />

opportunity for the adoption of the procedures and the establishment of institutional<br />

structures which would manage the grant scheme system in the pre-accession<br />

period, thus preparing the Republic of Croatia for the use of future structural funds<br />

(The Government of the Republic of Croatia, 2006a).<br />

The Government sees the importance of ongoing support of the SME's and<br />

enhancing investment attraction; therefore a new office of the Investment Compact<br />

was opened in Zagreb on July 4, 2007. The office is supported by the Austrian<br />

Development Agency (ADA) and is housed in the Ministry of Economy, Labour and<br />

Entrepreneurship of the Republic of Croatia and aims to improve the investment<br />

climate and to encourage private sector development in Croatia.<br />

1.2 Strategic Documents<br />

Strategic documents reflecting National Innovation Strategies (NIS) have been<br />

already highlighted in Science and Technology <strong>Country</strong> <strong>Report</strong> <strong>Country</strong> – D7 Croatia<br />

(see.science.eu). To indicate other key documents, which have been formulated in<br />

order to set up the framework for innovation and technology development:<br />

- ‘Science and Technology Policy of the Republic of Croatia 2006 - 2010’<br />

The strategic document was adopted by the Government of the Republic of Croatia in<br />

May 2006 and presents a vision of the development of the Science and Technology<br />

page 7/HRV

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