The Important Role of Science and Technology Park towards Indonesia as a Highly Competitive and Innovative Nation

Indonesia has become the member of G20 and it indicates this nation has a splendid emerging economy. In 2014, the global competitiveness index of Indonesia was 4.56 that ranked Indonesia in 34th position. But contradictorily, among world's compliment to Indonesia economic rising, innovation in industry is still not in boast and not followed by market enthusiasm. A comprehensive solution for that can be taken by implementing a special space namely Science and Technology Park (STP). In brief, it is a center of excellence or a kind of space where productive activity is done by collaborating government, academics, community, and business. This paper reviews important ideas and arguments of the urgency to implement STP in Indonesia within 3 aspects: best practice review, indigenous situation and potency, and impact predictions. Many countries have proved the effectiveness of STP and Indonesia should learn to reveal the benefit of it.