Research and Development (R&D) Unit is an internal department within the parent organization, consisting of at least two individuals, who are officially recognized and approved by the highest authority of the parent organization or in accordance with the organizational charter. The R&D Unit strives to achieve advanced technology, develop new products, create prototypes, or provide services based on emerging sciences in line with the goals and business plans of the parent organization. The R&D Unit can also be registered as a private company affiliated with the parent organization.
The following units are not accepted in the park:
- Units whose activities are not considered technology and knowledge-oriented (in line with technological advancement in the region).
- Units that have reached a level of growth where they no longer require support and can effectively operate in the competitive market.
- Units that require a level of support beyond the capabilities of the current technology park to materialize their technological ideas and promote their business.
- Units that are focused solely on pure research.
- Units that require non-specialized services.
A new technology based firms , in simple terms, is a company that is established to commercialize the ideas and inventions of scientific elites and researchers, including university faculty members. In essence, what happens in a new technology based firms company is entrepreneurship based on science and knowledge, which leads to high added value. It should not only contribute to knowledge production and scientific advancement but also have economic justification.
In these types of companies, research and development are expanded in the direction of commercializing knowledge by attracting experts in academic fields. They aim to create economic progress based on science, job creation, and wealth generation.
new technology-based firms are a combination of scientific and economic development, providing the best conditions for producing products or services at their optimal point.
Types of new technology-based firms:
new technology-based firms are categorized into government-owned and commercial types. If the university owns the company and holds more than 50% of its shares, it is called a government-owned knowledge-based company.
However, if only university faculty members are members of the company and their shares are less than 50%, it is referred to as a commercial new technology based firm.
Furthermore, new technology-based firms are also classified into the following categories:
- Start-up companies
- Manufacturing companies
- Industrial companies
New technology-based firms that have been established less than 3 years ago are categorized as start-up companies.