Trends in the Innovation Ecosystem Can Past Successes Help Inform Future Strategies? Summary of Two Workshops (2013) / Chapter Skim
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5 The Role of Research Parks
5 The Role of Research Parks
Pages 25-32
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From page 25... ...
One way to bridge the gap is to create intermediary institutions─research parks ─that are a hybrid of university and company cultures. To investigate these multifaceted enterprises further, COSEPUP determined that an additional, smaller set of discussions should be held in Washington, DC, with experts experienced in many aspects of research park creation, promotion, management, and utilization.
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From page 26... ...
Universities have been the most prevalent sponsors, but national labs and state governments have also launched parks. Eileen Walker, the executive director of the Association of University Research Parks, explained that the growth in the number of parks has actually accelerated in the past decade, and parks have also become common in Europe and Asia.
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From page 27... ...
, founded in 1959, was among the first and is perhaps the world's best known research park. Hardin told COSEPUP that it was a "highly ambitious ‘big bet' that served as a catalyst for assembling and aligning the knowledge resources and business climate attributes to create opportunities for the people of North Carolina." Cited as one of the best gambles taken by a state, according to Hardin, it was intended to link Duke University in Durham, North Carolina State University in Raleigh, and the University of North Carolina at Chapel Hill, and utilize a local airport in an originally lowpopulation, primarily farmland region.
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From page 28... ...
and the Special Assistant Vice Chancellor for Technology Development for the University System of Maryland, although he described his position as the "Director of University-Corporate Happiness." Because of the unique position of all the different players in and around the University of Maryland, Darmody stressed the opportunities research parks there provide to both entrepreneurs and local federal agencies. One of the major functions of research parks that Darmody mentioned was helping universities overcome innovation barriers by explaining and navigating compliance regulations.
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From page 29... ...
The park has received many awards over the years, including the Outstanding Research Park of the Year from the Association of University Research Parks, the Outstanding State and Local Economic Development from the Federal Laboratory Consortium, the Technology-Led Economic Development Award from the U.S. Department of Commerce Economic Development Administration, and the Partnership Award from the International Economic Development Council.
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From page 30... ...
Eileen Walker provided examples of other successful research parks that had developed their own modes of operation. The Cummings Research Park in Huntsville, Alabama, has 285 companies with 25,000 employees on an 11 million square foot park.
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From page 31... ...
Paul Citron, a member of COSEPUP and former Vice President for Technology Policy and Academic Relations of Medtronic, Inc., and Lewis Branscomb mentioned highinnovation cities such as San Diego and San Francisco where a culture of communication and interaction took shape without institutional help. Branscomb pointed out that "the ability of a community to take risks is crucial to innovation." The success of the innovation system in San Diego illustrates that research parks are not essential to develop capacity, but it provides an example of the type of innovation environment that research parks can try to create.
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From page 32... ...
This is consistent with the original impetus to create parks that fill in gaps that exist in the local economy and innovation ecosystem. Hardin stressed that research parks must keep evolving and responding to competition, pointing out that even Research Triangle Park needs an upgrade.
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