Knowledge economyThe knowledge economy, or knowledge-based economy, is an economic system in which the production of goods and services is primarily driven by knowledge-intensive activities that contribute to the advancement of technical and scientific innovation. The key element of value in this paradigm lies in the increased reliance on human capital and intellectual property as primary sources of innovative ideas, information, and practices.
Sophia Antipolis43°37′20″N7°3′0″E / 43.62222°N 7.05000°E / 43.62222; 7.05000Sophia Antipolis is a 2,400 hectare technology park in southeast France, and as of 2021 home to 2,500 companies, valued today at more than 5.6 billion euros and employing more than 38,000 people counting more than 80 nationalities. The park is known to be Europe's first science and technology hub. The technology park is also a platform, cluster and creation-hub for start-ups.
Stanford Research ParkStanford Research Park (SRP) is a technology park established in 1951 as a joint initiative between Stanford University and the City of Palo Alto. It was the world's first university research park. It has more than 150 companies, including Rivian, HP, Tesla, xAI, SAP and Broadcom; previous high-profile tenants include NeXT Computer, Xerox PARC, and Facebook. It has been called "an engine for Silicon Valley" and "the epicenter of Silicon Valley".
Research Triangle ParkResearch Triangle Park (RTP) is the largest research park in the United States; it occupies 7,000 acres (2,833 ha) in North Carolina and hosts more than 300 companies and 65,000 workers. It is owned and managed by the Research Triangle Foundation, a private non-profit organization.
Stanford UniversityLeland Stanford Junior University, commonly referred to as Stanford University, is a private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth governor of and then-incumbent United States senator representing California) and his wife, Jane, in memory of their only child, Leland Jr, who died from typhoid at the age of 15.
North CarolinaNorth Carolina ( KAYR-ə-LIE-nə) is a state in the Southeastern and South Atlantic regions of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, South Carolina to the south, Georgia to the southwest, and Tennessee to the west. The state is the 28th-largest and ninth-most populous of the United States. Along with South Carolina, it makes up the Carolinas region of the East Coast.
InnovationPractical implementation of improvementsThomas Edison with phonograph in the late 1870s. Edison was one of the most prolific inventors in history, holding 1,093 U.S. patents in his name.Innovation is the practical implementation of ideas that result in the creation or improvements of goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity, realizing or redistributing value".
Technology transferTechnology transfer (TT), also called transfer of technology (TOT), is the process of transferring (disseminating) technology from the person or organization that owns or holds it to another person or organization, in an attempt to transform inventions and scientific outcomes into new products and services that benefit society. Technology transfer is closely related to (and may arguably be considered a subset of) knowledge transfer.
FranceCountry primarily in Western EuropeFrance, officially the French Republic, is a country primarily located in Western Europe. Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean.
Palo Alto, CaliforniaCity in California, United StatesPalo Alto ( ; Spanish for 'tall stick') is a charter city in northwestern Santa Clara County, California, United States. Part of the San Francisco Bay Area, it is named after a coastal redwood tree known as El Palo Alto. The population was 68,572 as of the 2020 United States census.
Knowledge transferKnowledge transfer is the transfer of facts or practical skills from one entity to another. The specific profile of transfer processes that are activated for a given situation depends on the type of knowledge to be transferred, how it is represented (i.e., the source and recipient relationship with this knowledge), and the processing demands of the transfer task.
Product (business)In marketing and economics, a product is any object, service, or system offered to a market to satisfy a customer’s need or want. Products may be tangible, such as physical goods that can be touched and owned, or intangible, such as services, digital currency products offerings, or rights that provide value without physical form.*As an Amazon Associate I earn from qualifying purchases.