Research Park

A research park is a designated area where universities, businesses, and research institutions collaborate to promote innovation and technology development. These parks typically provide facilities like laboratories and offices where researchers and companies can work together on projects, share resources, and exchange ideas. The goal is to foster innovation, support startups, and drive economic growth by creating an ecosystem that encourages research and development. Research parks often focus on specific industries, such as biotechnology or information technology, benefiting both the participating organizations and the broader community.