Technoparks are economic public policy tools. Their success depends on government-backed support mechanisms, incentives and legislation, and the services and programs provided by the management companies. Today in Turkey, it might not be easy to measure the effectiveness of technoparks in nation's growth and development since there are too many parameters involved. This article elaborates on the effectiveness of technoparks in generating the desired benefits within the framework of the current technology and innovation policies and the potentials of the resident companies. The hypothesis is that, despite the involvement of complex public management aspects, the capacity and the potential of the technopark companies appear as the most critical parameters. Nevertheless, the performance of the companies will determine the value that the technoparks shall add to economic growth and development.

The influence of the increase in internationalization capacity cannot be limited to export only since it also generates indirect impacts stemming through technology transfer, joint project development, trade technology partnerships, training, education and so on. All these activities increase the capabilities of the firms and are expected to have a positive influence on the future productivity, growth and development figures. Within this scope, this paper analyses the impacts of a specific internationalization program which is created by the Turkish Ministry of Trade and run by the Gazi Science and Technology Park (STP) on an ICT cluster of 20 companies for a period of three years.