research and development parks

Research and development parks are specially designated areas where companies, universities, and research institutions collaborate to innovate and develop new technologies, products, and services. These parks provide facilities, resources, and a supportive environment that encourages scientific discovery and technological advancement. By bringing together researchers, entrepreneurs, and industry leaders, R&D parks facilitate knowledge sharing, foster partnerships, and accelerate the commercialization of new ideas. They often include laboratories, office spaces, and testing facilities, aiming to boost regional innovation, economic growth, and competitiveness.