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Rethinking the Role of the Research Park - Harris Search Associates

Rethinking the Role of the Research Park

May 2012

Mark Arend mark.arend@conway.com in Site Selection

http://www.siteselection.com/LifeSciences/2010/may/research-parks.cfm

“The Abbott Asia-Pacific Nutrition Research & Development Center at Singapore’s Biopolis Research Park is Abbott’s largest nutrition R&D site creating nutritional products for infants, children and adults . . . throughout the Asia-Pacific region.

Up to 90 percent of the [scientist] hires at the center will come from Singapore and the broader region. Abbott Nutrition also recently opened an R&D center at the research park at the University of Illinois at Urbana-Champaign

[D]rivers of Abbott Nutrition’s R&D location strategy are the need to access talent where it exists in the world and the need to conduct research in environments conducive to . . . ‘open innovation’. The Singapore and University of Illinois R&D centers deliver . . . .

Today’s generation of research parks [is] about much more than land linked to a university. They make possible real innovation and invention, and increasingly they can do so internationally, not just locally, if the park and the R&D operation require it.”

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