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 ?
The Taiwan biotech park is the company's second major investment item; its operational mode is similar to the "biotech takeoff diamond action program" of the Taiwanese government.
State government is playing a proactive role in encouraging the industry and giving budget support to complete Biotech Park in Bangalore.
The DBT has initiated a new programme for establishing biotech parks and incubators to facilitate up-scaling, pilot-level production and finally commercialisation of indigenous biotech products.
Various other entities have installed Vortechs Systems in the area, including units at a condominium development, a health care facility, and a state-of-the-art biotech park.
The county has since applied for $225 million from the state for a proposed biotech park at the Coliseum property and the state has approved an $5 million grant to pay for two parking garages at the site, which frees up at least 19 acres for more development.
Quotations will have to be submitted in a Sealed Envelope and should reach the office of the Guwahati Biotech Park on or before 21st July, 2017 at 2 pm
He said what was done with past projects such as the Centrum, Biotech Park, and Gateway Park can be done with the Wyman-Gordon property.
This confluence of activity is a fabulous opportunity to build our research program and create a biotech park that competes with places like Research Triangle in North Carolina," said Krugman.
The new president must be able to persuade the community to support converting the Cicero Farm into a moneymaking operation and clearly explain why the school will benefit from other on-campus developments, such as the proposed biotech park.
6 million will enable the BioTech Park at Kennedy Square in Onondaga County.
Contractor address : Biotech Park, Phase-II, Plot-10,
In 2002, complaining about earlier acquisitions by the medical school in the biotech park, Philip P.