Research Parks: Catalyzing Americas Competitive Edge

1
Research Parks Catalyzing Americas Competitive
Edge

• Jackie Kerby Moore
• AURP 2006 Washington Workshop
• March 2-3, 2006

2
Association of University Research ParksWho Are
We?

• Universities
• University-Related Research Parks
• National Laboratories
• Local, State, and National Economic Development
  Organizations
• Industry Experts and Consultants

3
Association of University Research ParksWhat Do
We Do?

• Promote the Development and Operations of
  Research Parks, that
• Foster Innovation, Commercialization, and
  Economic Competitiveness in a Global Economy,
  through
• Collaboration Among Universities, Industry, and
  Government

4
Association of University Research Parks134
Member Parks Across the Country
5
Association of University Research ParksImpact

• 3,258 Companies/Organizations in Parks
• Range from 3 to 240
• Average of 51 per Park
• 144,260 Full-Time Employees in Parks
• Range from 4 to 25,000
• Average of 2,291 per Park
• 23,506 Students/Interns are also in Parks
• 7.76 Billion in Developed Land, Infrastructure,
  and Buildings in Parks
• Range from 1.75 Million to 2.15 Billion
• 158 Million per Park

Note 76 of Parks have plans for expansion.
6
Association of University Research ParksCurrent
Trends

• Biotechnology/Pharmaceuticals (24) and
  Software/Information Technology (21) are
  Dominant Companies/Technologies in Parks
• International Partnerships and Recruitment
• Regional Partnerships and Recruitment
• Focus on Innovation, Commercialization, and
  Economic Competitiveness

7
Association of University Research Parks
Challenges Facing Research Parks

• Lack of Equity Funding for Technology
  Commercialization
• Lack of Public Funding for Infrastructure
• Roads, Utilities
• Lack of Equity or Debt Financing for Buildings
• Wet Laboratories, Clean Room Facilities

8
Association of University Research Parks How the
Federal Government Can Help

• Support the PACE Acts, Science Park
  Administration Act, National Innovation Act and
  Other Related Legislation
• Continued Support of the Economic Development
  Administration (EDA)