Economic Impact of Research Parks in North America Exceeds $31 Billion



    
    Association of University Research Parks Releases New Data
    

    WASHINGTON, March 16 /CNW/ -- Research parks in the United States and
Canada directly employ more than 350,000 people and contribute more than $31
billion annually to the economies of the United States and Canada, according
to new data compiled by the Association of University Research Parks (AURP)
and released today during the annual AURP Washington Summit.
    "This data underscores the scope and importance of work being done today
in research parks across North America," said AURP President Austin Beggs.
"Universities, industry and governments are collaborating on work that enables
North America to compete in an increasingly global economy."
    The AURP data shows that the estimated U.S. total employment enabled by
research parks is over 712,000 jobs, with an additional 90,000 total jobs
provided in Canada. The impact of the wages provided by these jobs is more
than $31 billion annually to the North American economy.
    "Our survey results demonstrate that research parks play a very
significant role in the economies of North America," said AURP Program
Director Eileen Walker, who compiled the survey data. "But going beyond the
economic role that research parks play, there is also the fact that the
science which is commercialized in research parks has the potential to solve
many problems. Such innovations as new types of medicine, new technologies for
energy savings, new ways to communicate and many other beneficial concepts are
first developed in research parks," she added.
    The AURP data was collected from research and science parks throughout
the United States and Canada during 2006 via surveys, interviews and Internet
sources.

    The Association of University Research Parks (AURP) is an international
trade association representing 350 members and associate members in the
university research park industry. AURP's membership is comprised of planned
and operating research parks around the world, as well as a variety of
university, governmental, not-for-profit and private organizations interested
in the development and operation of technology projects and programs. The AURP
headquarters is located in Reston, VA, outside of Washington, DC. For more
information about AURP, visit http://www.aurp.net.





For further information:

For further information: William Drohan of the Association of University
 Research Parks, +1-703-234-4088, info@aurp.net Web Site:
http://www.aurp.net/

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ASSOCIATION OF UNIVERSITY RESEARCH PARKS

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