Understanding Research, Science and Technology Parks Global Best Practices: Report of a Symposium (2009) / Chapter Skim
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Panel IV: U.S. Parks: University-Based Models
Panel IV: U.S. Parks: University-Based Models
Pages 103-112
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From page 103... ...
Research Triangle Park: Past Success and the Global Challenge Rick L Weddle Research Triangle Park Rick Weddle, president and CEO of the Research Triangle Foundation of North Carolina, described the Research Triangle Park (RTP)
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average and far exceeds the North Carolina average. In the 1960s it was one of the poorest regions in the southeastern United States and today is among the wealthiest regions in the southeast.
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50,000 180 40,000 130 30,000 80 20,000 Number of Jobs Number of R&D Firms 30 10,000 0 –20 16 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 10 20 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 20 20 20 20 20 Year Number of Jobs Number of Projected Jobs Number of R&D Firms FIGURE 4 RTP's growth trajectory. 105 PROC Figure 04 R01413 editable landscape
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PROC Figure 05 R01413
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From page 107... ...
SOURCE: Characteristics and Trends in North American Research Parks: 21st Century Directions, Prepared by Battelle, October 2007. NOTE: The "Typical North American Research Park" is defined here as the median research park.
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From page 108... ...
Very large firms, employing more than 1,000, stayed relatively constant, with "good growth" in the 500-1,000-employee firms, "still our bread and butter." He said he is pleased with the movement into smaller companies. One impact of the park has been the creation of some 1,500 start-ups by RTP companies and the three research universities since 1970.
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From page 109... ...
Another impact of the park is "induced development." In analyzing all projects within a four-mile radius, the park found that in addition to 24.5 million square feet of built space, it has induced another 13 million square feet of built space. In addition, a great deal of residential development was transforming the landscape.
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From page 110... ...
Purdue University has a three-part mission of "learning, discovery, and engagement." It also has an economic development goal -- to "advance Indiana's economic prosperity and quality of life." The Purdue Research Park supports this goal in several ways, through two separate legal entities: The Purdue Research Foundation and the Discovery Park. Purdue Research Foundation: Parent of the Park System The first, the Purdue Research Foundation, initiated a decade ago is situated on 725 acres near the main campus in West Lafayette, Indiana.
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From page 111... ...
The program develops consulting arrangements between universities and companies. Most of these have been in manufacturing fields until a few years ago, when a healthcare technical assistance program was added; last year a pharmacy TAP was begun.
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From page 112... ...
"This makes for difficult collaboration from company to company, and between our owners and the tenants association, both operationally and around communities of interest." He said that there is no one way to organize employees or incentives to improve interaction, but they are trying many approaches. The most popular park program has proven to be the softball league, with shortage of fields and a waiting list to enter a team.
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