Strategically designed hubs that foster innovation, collaboration, and economic development by bringing together academic institutions, businesses, and government entities. These parks typically provide infrastructure, support services, and a collaborative environment to support research, development, and commercialization of new technologies. They are often located near universities and research centers to leverage expertise and talent, both research faculty and students.

Related Terms: Research-Intensive Clusters (RICs), Technology Clusters, Technology Alliances, Business Parks, Economic Clusters

See Topic: Research Parks | Science or Technology Parks | Learn & Work Ecosystem Library