Research park

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A research park is a research facility that is often linked with a major research university. Throughout North America, there are more than 170 research parks. They exist to create linkages between the university, industry and the community. The first research park was started at Stanford University, and was followed shortly thereafter with the development of Research Triangle Park in North Carolina. Combining the knowledge assets of a community with local business expertise in order to create high-paying jobs is the raison d'etre of research parks. Today there are major research parks in many countries.

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