N Vaid, N Silawat & A Kothari

In the modern era, which is propelled by technological advancements and knowledge-based economies, Technology Parks have emerged as critical focal points for promoting innovation, entrepreneurship, and economic development of a nation. These specialised clusters bring together research institutions, universities, startups, and established businesses, which create a dynamic ecosystem where research ideas transform into cutting-edge solutions. Starting from Silicon Valley in California in the USA to Bangalore’s IT corridor in India, technology parks play an important role in shaping our future. Technology parks, popularly also known as science parks, innovation districts, or research parks, are planned ventures designed to support knowledge-based enterprises. They offer state-of-the-art infrastructure, including research labs, business incubators, collaborative workspaces, and access to venture capital. These parks act as catalysts to transform technology from academia to industry, accelerating the ease of commercialisation of…read more on NOPR