Science park

A science park (also called a "university research park", "technology park", "technopark", "technopolis", "technopole", or a "science and technology park" [STP]) is defined as being a property-based development that accommodates and fosters the growth of tenant firms and that are affiliated with a university (or a government and private research bodies) based on proximity, ownership, and/or governance.^[1] This is so that knowledge can be shared, innovation promoted, technology transferred, and research outcomes progressed to viable commercial products. Science parks are also often perceived as contributing to national economic development, stimulating the formation of new high-technology firms, attracting foreign investment and promoting exports.^[2]

^ McCarthy, Ian P.; Silvestre, Bruno S.; von Nordenflycht, Andrew; Breznitz, Shiri M. (2018). "A typology of university research park strategies: What parks do and why it matters". Journal of Engineering and Technology Management. 47: 110–122. doi:10.1016/j.jengtecman.2018.01.004. ISSN 0923-4748. S2CID 96429706.
^ Caves, R. W. (2004). Encyclopedia of the City. Routledge. p. 584. ISBN 9780415252256.

[1] McCarthy, Ian P.; Silvestre, Bruno S.; von Nordenflycht, Andrew; Breznitz, Shiri M. (2018). "A typology of university research park strategies: What parks do and why it matters". Journal of Engineering and Technology Management. 47: 110–122. doi:10.1016/j.jengtecman.2018.01.004. ISSN 0923-4748. S2CID 96429706.

[2] Caves, R. W. (2004). Encyclopedia of the City. Routledge. p. 584. ISBN 9780415252256.

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