Modern STP and AI in a global society, economy and environment Measuring their multi-faceted impact

Typically, STP and AI are political key projects linked to high expectations for an enhanced regional economic development. They require large-scale, primarily public, investments. They are long-term projects, but it usually was after tenacious years of rather moderate development when they obtain the expected regional effects and returns: more jobs and value added, increasing company investments and FDI, vibrant start-up scene and culture of entrepreneurship, enhanced innovativeness and competitiveness, new patents and products, successful inter-organizational b2b and business-to-science projects, commercialization of research, excellency of applied R&D, higher attraction of skilled talent, professional redevelopment of urban (industrial/brownfield) areas to name just a few (of predominantly economic and innovation-related effects). \n\nThe paper argues that showcasing the success and, in particular, the various dimensions of STPs and AIs impact in regions to diverse regional stakeholders has been becoming more important today and will even intensify more in the future, as competition for (public and private) funds, donors and general support is increasing strongly.