This research project analyzes the structure, logistics, and assessment of research parks. Specifically, this project examines land, infrastructure, and utility management at four profiled research parks.
Key observations from our research
1. Research Park B and Research Park C require companies and developers to construct their own infrastructure, while Research Park A and Research Park D develop facilities either for specific companies moving to the research park or according to market demand.
2. Profiled research park leaders do not target specific industries for research park occupancy; the research parks’ locations and the strengths of associated institutions determine the industry mix (i.e., which industries locate within the research park).
3. Non-research spaces remain uncommon at profiled research parks, but contacts report that demand for non-research spaces (e.g., dining halls, walking trails) is increasing.
4. Profiled research parks provide associated institutions with employment for graduates, improved research opportunities, and increased private sector funding.