Research Triangle Park (RTP) is the largest research park in the United States, occupying 7,000 acres (2,833 ha) in North Carolina and hosting more than 300 companies and 65,000 workers. It is owned and managed by the Research Triangle Foundation, a private non-profit organization.
RTP headquarters at 12 Davis Drive
IBM's Research Triangle Park facility, pictured in around 1982
Lake Betz at Research Triangle Park
A science park is defined as being a property-based development that accommodates and fosters the growth of tenant firms and that are affiliated with a university based on proximity, ownership, and/or governance. This is so that knowledge can be shared, innovation promoted, technology transferred, and research outcomes progressed to viable commercial products. Science parks are also often perceived as contributing to national economic development, stimulating the formation of new high-technology firms, attracting foreign investment and promoting exports.
Cambridge Science Park in England
Hsinchu Biomedical Science Park in Taiwan
Kuopio Science Park in Finland
Science and technology park in Niš, Serbia