History
The world's first university research park started in the early 1950s near Stanford University, and foreshadowed the community known today as Silicon Valley. Another early university research park was, and is, Research Triangle Park.
While parks vary widely in size and shape, from urban high-rises to suburban or rural locations, a typical American university research park is located in a suburban community with a population of less than 500,000 and is operated by a university or a university-affiliated non-profit organization. The companies in a typical park are primarily private sector, but the park is also home to university and government facilities.
Read more about this topic: Science Park
Famous quotes containing the word history:
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—Walter Bagehot (1826–1877)