Dr. Smeets will introduce the experiences of the university town of Cambridge, one of the most important European centers for the transfer of new technologies into the economy. He will focus on the development of the "Cambridge phenomenon of new technologies transfer into the economy" and the conditions that influenced the success of this concept. On the basis of the above listed facts he will discuss the mechanisms for achieving this phenomenon. The lecture is being organized by the Slovenian Technology Park in Ljubljana in cooperation with the Jozef Stefan Institute and the British Embassy in Slovenia.