Definition of

Technology park

Buildings

A technology park is a space where the State favors the installation of technology companies.

A technology park is a region arranged by the State for the establishment and installation of various technology companies. In this area, companies that settle enjoy various benefits, from tax relief to communications facilities.

Park is a term with several uses: it can be a wooded area intended for recreation; of surfaces specially prepared for the installation of industries ; or the set of tools, systems and materials used in public services. Technological , for its part, is an adjective that mentions what is linked to technology (the application of techniques or knowledge for the development of solutions).

Objective of a technology park

What a government seeks when creating a technology park is to promote innovation and the creation of products or services that generate significant added value . For this, the State works together with private companies, since their growth contributes to national wealth and the training of people who work in the sector.

It is common for a technology park to be created near a technical university to facilitate the incorporation of students and young professionals into technology companies. It is also planned that the technology park will be located in an easily accessible place.

Innovation

A technology park favors innovation.

An example

The Andalusia Technology Park is an example of this type of park. Opened in 1992 , this park located in the Spanish city of Malaga houses almost 15,000 workers on 160 hectares.

It all started in 1985 , when the Andalusian Government contacted Technova (a Japanese consulting firm) to ask it to analyze the viability of building a technology park in the region. The response was positive and the Japanese company determined that the ideal location for the park was the El Ciprés farm, on the Costa del Sol . Three years later, the Board and the Malaga City Council signed an agreement to begin construction.

The total investment for the construction of the Andalusian Technology Park was 690 million euros (22% came from the public initiative and the rest from the private initiative). It should be noted that it is the base of operations of the Association of Science and Technology Parks of Spain since 1998 .

Among the first companies to settle in the Andalusia Technology Park were Bic Euronova , Ingenia , Hughes Microelectronics and CETECOM (later known as AT4 Wireless ). Over time, Oracle Corporation , TDK , Huawei , Accenture and Ericsson joined.

Activity of the Andalusia Technology Park

The prominent activity sector of the Andalusian Technology Park corresponds to Information Technologies, Research and Development , Technology Centers and Communications (within which are Telecommunications, Computer Science and Electronics). 40.16% of the companies located in the park specialize in one of these fields and employ 51% of the workers, in addition to being responsible for 39.57% of the property's total turnover.

For residents of the Andalusian city of Malaga , public transport is an excellent option when traveling daily to the technology park, as it offers good frequency and costs the same as an urban trip, despite being relatively far from the center. of the city.

Regarding the facilities and appearance of the Andalusia Technology Park , its extensive lakes stand out, in which small migratory birds have found their home, its thousands of trees and bushes that remind us of the existence of nature in this space designed for the development of those activities that take us away from the earth.