science park

(redirected from Biotech park)
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science park

or

business park

a cluster of firms, mainly high-technology businesses, which are located together on a purpose-built site adjacent to a university, polytechnic or some other centre of research, which facilitates the transfer of basic technology and know-how from research laboratories to commercial applications. The term is also applied more generally to embrace technology parks or technopoles (commonly found in Continental Europe), where emphasis is on attracting established research-based companies and innovation centres which cater for smaller high-technology companies.

In most countries a large proportion of the investment in science-park infrastructure and buildings is provided by the public sector as part of a wider programme to stimulate regional enterprise and promote technological advance. See RESEARCH AND DEVELOPMENT, REGIONAL POLICY, INDUSTRIAL POLICY.

science park

see INDUSTRIAL ESTATE.
References in periodicals archive ?
WORCESTER - The city will work with the University of Massachusetts Medical School to try to fill vacancies at Biotech Park, city and school officials announced Tuesday night.
He said whatever is lost from the tax rolls at the biotech park would have to be absorbed by all other taxpayers; otherwise municipal spending would have to be reduced.
Meanwhile, the biotech park in Worcester is defying those vacancy rates.
Harshvardhan inaugurated Women Bio-tech Incubator at Golden Jubilee Biotech Park for Women Society during IISF, 2017 in Chennai today in the presence of Prof.
Forest Park is also slated to house Quest Diagnostics, which is in the process of moving its laboratory space from Biotech Park in Worcester.
ACM was founded in 2004 by Michael Roehl and has offices in downtown Berlin and near the internationally renowned Biotech Park in the northern district of Berlin-Buch.
Our aim is to build a conducive biotech park with comprehensive infrastructure, utilities and facilities to support the industrial and healthcare biotechnology companies in biomanufacturing and bioprocessing;'said Rizatuddin Ramli, CEO of Malaysian Bio-XCell Sdn Bhd.
Hsuan Yung-yeo, chairman of Life Pioneer Management Consulting and son of John Hsuan, reported yesterday (July 16) that more than 10 Taiwanese biotech firms have expressed willingness to set up operations in the Taiwan biotech park, in order to combine Taiwan's biotech resources with the mainland Chinese market and foray into the global biotech market.
The biotech park is a largely blank campus on which we have the unique opportunity to paint some beautiful things," says Elliman, who sees it as a place where ideas born on campus can be developed into successful businesses.
The development of CEC's five "parks" (Cayman Internet Park, Cayman Media Park, Cayman Biotech Park, Cayman Commodities Park, and Cayman International Academic Park) will be phased.
Vimta has a world-class current good manufacturing practices (cGMP) facility at SP Biotech Park, Genome Valley, Hyderabad.
Presided over by chief minister Prem Kumar Dhumal the biotech park would consist of a incubation centre and a biotechnology industrial cluster to be developed by a private promoter over an 32 acre area.