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41 A GOVERNANCE MODEL FOR DEVELOPING LASER VALLEY Considering the recommendations from the Socio-Economic Impact Study on ELI-NP developed by PwC in partnership with Aspen Institute Romania and in dialogue with international funding bodies - EIB, EBRD and WB, we concluded that a sound substantiation of joint decisions and actions for the development of Laser Valley - Land of Lights requires a governance mechanism, preferably an open method of coordination. This mechanism should coordinate the development of the science, innovation and entrepreneurship ecosystem in Laser Valley - Land of Lights by: providing a public-public and public-private dialogue platform; providing the necessary institutional framework to prepare the development strategy and the implementation plan; substantiating an Integrated Territorial Intervention in MÄgurele, around ELI-NP and the hub of facilities and talents, to contribute to the development of a knowledge region; coordinating communication and dialogue with the international funding institutions; informing the Government, Parliament, local public administration, businesses and citizens on a regular basis.