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35-451: Begbroke Science Park is a science park located five miles north of Oxford , England. It is owned by Oxford University and managed as part of the university's Mathematical, Physical and Life Sciences Division It lies within the parish of Begbroke , although it is only accessible from the village of Yarnton on the A44 . The site has been the home of research facilities since 1960, when

70-669: A country. This situation tends to lower the ranking of some of the most advanced countries, such as the G7 members and others. According to the United Nations Statistics Division : There is no established convention for the designation of "developed" and "developing" countries or areas in the United Nations system. And it notes that: The designations "developed" and "developing" are intended for statistical convenience and do not necessarily express

105-662: A group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. 15 countries in Europe: three countries in the Americas: three countries in Asia: one country in Oceania: Comparative table of countries with a "very high" human development (0.800 or higher), according to UNDP ; "advanced" economies, according to

140-799: A judgement about the stage reached by a particular country or area in the development process. Nevertheless, the UN Trade and Development considers that this categorization can continue to be applied: The developed economies broadly comprise Northern America and Europe, Israel, Japan, the Republic of Korea, Australia, and New Zealand. Terms linked to the concept developed country include "advanced country", "industrialized country", "more developed country" (MDC), "more economically developed country" (MEDC), " Global North country", " first world country", and "post-industrial country". The term industrialized country may be somewhat ambiguous, as industrialisation

175-577: A new science enterprise centre, known as the Begbroke Innovation Accelerator, was opened in the park as an extension of the Centre for Innovation and Enterprise. Two Knowledge Transfer Network (KTN) units are located on the site: 51°49′05″N 01°18′24″W  /  51.81806°N 1.30667°W  / 51.81806; -1.30667 Science park The world's first university research park, Stanford Research Park

210-583: A number of shared resources, such as incubators, programs and collaboration activities, uninterruptible power supply , telecommunications hubs, reception and security , management offices, bank offices, convention center , parking , and internal transportation. Science parks also aim to bring together people who assist the developers of technology to bring their work to commercial fruition, for example, experts in intellectual property law . They can be attractive to university students who may interact with prospective employers and encourage students to remain in

245-487: A prominent percentage of consultancy firms, as well as technical service firms, including laboratories and quality control firms". The World Intellectual Property Organization defines Science technology parks as territories usually affiliated with a university or a research institution, which accommodate and foster the growth of companies based therein through technology transfer and open innovation . Some science parks include: Developed country This

280-400: A science park must: "have access to qualified research and development personnel in the areas of knowledge in which the park has its identity; be able to market its high valued products and services; have the capability to provide marketing expertise and managerial skills to firms, particularly small and medium-sized enterprises , lacking such a resource; be inserted in a society that allows for

315-406: Is an accepted version of this page A developed country , or advanced country , is a sovereign state that has a high quality of life , developed economy , and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are the gross domestic product (GDP), gross national product (GNP),

350-498: Is an ongoing process that is hard to define. The first industrialized country was the United Kingdom , followed by Belgium . Later it spread further to Germany , United States , France and other Western European countries. According to some economists such as Jeffrey Sachs , however, the current divide between the developed and developing world is largely a phenomenon of the 20th century. Mathis Wackernagel calls

385-475: The Human Development Index (HDI), which combines an economic measure, national income, with other measures, indices for life expectancy and education has become prominent. This criterion would define developed countries as those with a very high (HDI) rating. The index, however, does not take into account several factors, such as the net wealth per capita or the relative quality of goods in

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420-476: The IMF . Economic criteria have tended to dominate discussions. One such criterion is the income per capita; countries with the high gross domestic product (GDP) per capita would thus be described as developed countries. Another economic criterion is industrialisation ; countries in which the tertiary and quaternary sectors of industry dominate would thus be described as developed. More recently, another measure,

455-795: The per capita income , level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. Different definitions of developed countries are provided by the International Monetary Fund and the World Bank ; moreover, HDI ranking is used to reflect the composite index of life expectancy, education, and income per capita. In 2023 , 40 countries fit all four criteria, while an additional 19 countries fit three out of four. Developed countries have generally more advanced post-industrial economies, meaning

490-462: The service sector provides more wealth than the industrial sector . They are contrasted with developing countries , which are in the process of industrialisation or are pre-industrial and almost entirely agrarian , some of which might fall into the category of Least Developed Countries . As of 2023 , advanced economies comprise 57.3% of global GDP based on nominal values and 41.1% of global GDP based on purchasing-power parity (PPP) according to

525-808: The 1980s, North Carolina State University , Raleigh lacked space. New possible sites included the state mental-health property and the Diocese of Raleigh property on 1,000 acres (4.0 km ) surrounding the Lake Raleigh Reservoir . The university's Centennial Campus was developed. Sandia Science and Technology Park , NASA Research Park at Ames and the East Tennessee Technology Park at Oak Ridge National Laboratory are examples of research parks that have been developed by or adjacent to US Federal government laboratories. Science and technology park (STP) activity across

560-574: The European Union has approximately doubled over the last 11–12 years, driven by the growth of the longer standing parks and the emergence of new parks. There are now an estimated 366 STPs in the EU member states that manage about 28 million m2 of completed building floor space, hosting circa 40,000 organisations that employ approximately 750,000 people, mostly in high value added jobs. In the period from 2000 – 2012, total capital investment into EU STPs

595-486: The HDI accounts for more than income or productivity. Unlike GDP per capita or per capita income, the HDI takes into account how income is turned "into education and health opportunities and therefore into higher levels of human development." Since 1990, Norway (2001–2006, 2009–2019), Japan (1990–1991 and 1993), Canada (1992 and 1994–2000) and Iceland (2007–2008) have had the highest HDI score. The following countries in

630-529: The IMF's list of 38 Advanced Economies, noting that the IMF's Advanced Economies list "would presumably also cover the following nine smaller countries of Andorra, Bermuda, Faroe Islands, Guernsey, Holy See, Jersey, Liechtenstein, Monaco, and San Marino[...]". San Marino (2012) and Andorra (2021) were later included in the IMF's list. There are 22 permanent members in the Paris Club ( French : Club de Paris ),

665-619: The Pacific: According to the World Bank , the following 85 sovereign states and territories across are classified as "high income" economies , having a nominal GDP per capita in excess of $ 14,005 as of 2024: Unsovereign Territories are denoted with an asterisk (*) . There are 29 OECD member countries and the European Union —in the Development Assistance Committee (DAC), a group of

700-726: The Weed Research Organisation was established there. It was later used as the Technology Centre of the Cookson Group . The site was bought by Oxford University in 1998, The university owns 200 acres (81 ha) of land surrounding the research park, mainly devoted to agriculture, of which the Science Park is developed on a 10-acre site at the centre. Begbroke Science Park has over 30 different high tech spin out and start-up companies. In 2017,

735-819: The addition of 7 microstates and dependencies modified by the CIA which were omitted from the IMF version: 29 countries and dependencies in Europe classified by the IMF, 6 others given by the CIA: Plus seven countries and territories in Asia : three countries and territories in the Americas classified by the IMF, one territory given by the CIA ;: two countries in Oceania : The CIA has modified an older version of

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770-409: The backing of powerful, dynamic and stable economic actors, such as a funding agency, political institution or local university ; include in its management an active person of vision, with the power of decision and with the high and visible profile, who is perceived by relevant actors in society as embodying the interface between academia and industry , long-term plans and good management; and include

805-457: The binary labeling of countries as "neither descriptive nor explanatory. It is merely a thoughtless and destructive endorsement of GDP fetish. In reality, there are not two types of countries, but over 200 countries, all faced with the same laws of nature, yet each with unique features." A 2021 analysis proposes the term emerged to describe markets, economies, or countries that have graduated from emerging market status, but have not yet reached

840-492: The exchange of thoughts in many fields including culture, science and the arts. Science parks are elements of the infrastructure of the global " knowledge economy ". They provide concentration that foster innovation and the development and commercialization of technology and where governments, universities and private companies may collaborate. The developers work in fields such as information technology , pharmaceuticals , science and engineering . Science parks may also offer

875-460: The flow of knowledge and technology amongst universities, R&D institutions, companies and markets; it facilitates the creation and growth of innovation-based companies through incubation and spin-off processes; and provides other value-added services together with high quality space and facilities.". The Cabral-Dahab Science Park Management Paradigm , was first presented by Regis Cabral in ten points in 1990. According to this management paradigm,

910-985: The landlords of attractive and well specified office style buildings. Rather, they are complex organisations, often with multiple owners having objectives aligned with important elements of economic development public policy as well as an imperative to be financially self-sustaining in the longer term. The Association of University Research Parks ( AURP ), is a non-profit association consisting of university-affiliated science parks, almost entirely based in North America. It defines "university research and science parks" as "property-based ventures with certain characteristics, including master planned property and buildings designed primarily for private/public research and development facilities, high technology and science based companies and support services; contractual, formal or operational relationships with one or more science or research institutions of higher education; roles in promoting

945-458: The level equivalent to developed countries. Multinational corporations from these emerging markets present unique patterns of overseas expansion and knowledge acquisition from foreign countries. The UN HDI is a statistical measure that gauges an economy's level of human development. While there is a strong correlation between having a high HDI score and being a prosperous economy, the UN points out that

980-815: The local area. Science parks may be designed to enhance the quality of life of the workers. For example, they might be built with sports facilities, restaurants, crèches or pleasant outdoor areas. Apart from tenants, science parks create jobs for the local community. Science parks are specific locations and differ from the wider area high-technology business districts in that they are more organized, planned, and managed. They differ from science centres in that they lead to commercialized products from research. They differ from industrial parks which focus on manufacturing and from business parks which focus on business office locations. Science parks are found worldwide. They are most common in developed countries . In North America there are over 170 science parks. For example, in

1015-442: The protection of product or process secrets, via patents , security or any other means; be able to select or reject which firms enter the park". A science park should: "have a clear identity, quite often expressed symbolically, as the park's name choice, its logo or the management discourse; have a management with established or recognized expertise in financial matters, and which has presented long-term economic development plans; have

1050-425: The university's research and development through industry partnerships, assisting in the growth of new ventures and promoting economic development; roles in aiding the transfer of technology and business skills between university and industry teams and roles in promoting technology-led economic development for the community or region." The International Association of Science Parks and Areas of Innovation ( IASP ),

1085-504: The world's major donor countries that discusses issues surrounding development aid and poverty reduction in developing countries . The following OECD member countries are DAC members: 25 countries in Europe: two countries in the Americas: two countries in Asia: two countries in Oceania: According to the International Monetary Fund , 41 countries and territories are officially listed as "advanced economies", with

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1120-399: The worldwide network of science parks and areas of innovation, defines a science park as "an organisation managed by specialised professionals, whose main aim is to increase the wealth of its community by promoting the culture of innovation and the competitiveness of its associated businesses and knowledge-based institutions. To enable these goals to be met, a Science Park stimulates and manages

1155-603: The year 2022 are considered to be of "very high human development": annual growth (2010-2022) According to the United Nations Department of Economic and Social Affairs ' World Economic Situation and Prospects report, the following 37 countries are classified as "developed economies" as of January 2024: 31 countries in Europe: two countries in Northern America: four countries in Asia and

1190-469: Was circa €11.7 billion (central estimate). During the same period, STPs spent circa €3 billion on the professional business support and innovation services they either deliver or finance to assist both their tenants and other similar knowledge based businesses in their locality. Increasingly, the reasons why STPs are sound investments for public sector support are becoming better understood and articulated. The evidence base shows that better STPs are not simply

1225-675: Was launched in 1951 as a cooperative venture between Stanford University and the City of Palo Alto . Another early university research park was Research Triangle Park in North Carolina , which was launched in 1959. In 1969, Pierre Laffitte founded the Sophia Antipolis Science Park in France . Laffitte had travelled widely and developed a theory of "cross-fertilisation" where individuals could benefit mutually by

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