The past ten years have seen intense attention focused on the interactions between technical change, innovation and economic growth; this in turn has led to the rise of new technological policies. Tools and platforms such as incubators in addition to science and research parks have become an important means for shaping science and technology policy.
MUGT’s Science and Technology Park will host high-tech companies employing highly trained R&D personnel. The University will enhance R&D potential through University-industry collaboration. These Technology Parks will promote the “peripheral eco-innovation model” that is composed of several units, each feeding the science park with value-adding influxes, including:
- On / Off Incubation Centers that will help students to transfer their ideas into innovative companies.
- A Technology Transfer Office that will work for commercialization of research outcomes.
- A Business Angel Network that will supply the early stage companies with necessary support.