What is Science Park?
A science/technology park is defined as a real estate-based initiative:
- which has close ties with universities, research centers and other higher education and research institutions;
- which are implemented to support the creation and growth of knowledge-intensive or value-added enterprises;
- the purpose of which is to promote technology transfer, i.e. the application of scientific results in business.
Science parks became more widespread in the world in the 1980s. The concept of a science park includes a collection of (high) technological companies that are spatially connected, located on or near the university campus. The know-how spread and distributed in the collection is the impetus for growth and creates added value. In the world, for example, Nokia, HP have grown out of research parks – to name just a few well-known companies. At the same time, for example, in the Cambridge Science Park, a large number of small companies have emerged on the basis of the brain potential of the university, which are the engine of economic growth there.