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Title	A model for the establishment of a University related research Park within a framework of selected management principles
Publication Type	dissertation
School or College	David Eccles School of Business
Department	Business
Author	Money, Mark L.
Date	1970
Description	This study identifies the factors necessary for the success of university related research. parks within a framework of the selected management principles of planning, organization, and control. An empirical approach, supported by quantitative data and analysis, tested four hypotheses related to factors which were considered important in the decisions of occupants to locate in such parks. The verification of the hypotheses enabled the development of a model to be used as encouragement for, or warning against, the establishment of a university related research park. The suggested model is the unique contribution of this dissertation. Data collected from two questionnaires and personal interviews are the primary sources of information for this study. One questionnaire was sent to 181 occupants of research parks and another was sent to seventeen park administrators. The response was high. Over 73.5 percent of the occupants responded, and all seventeen administrators completed the questionnaire. In addition, interviews were conducted with fifteen research park administrators. The general conclusions provided by the study are: 1. The majority of occupants in university related research parks are there primarily because there is some logical tie-in between the company activity and the university faculty and graduate programs. 2. The technical services of a computer and the convenience services of a restaurant, motel, post office, and bank are considered desirable by research park occupants. 3. Three research park management policies which administrators and occupants consider critical to the success of the park are: a. Physical layout of site should enable expansion of occupants' facilities. b. Controls and restrictions should be established and enforced to enable park to retain aesthetic quality. c. Cost of site should be competitive with alternate sites available. 4. The geographical and environmental factors which occupants consider important in their decisions to locate in a university related research park are the availability of: a. A suburban residential area within commuting distance b. Adequate housing in medium price range ($25,000-$39,000) c. Good public schools d. Established graduate school with significant research program e. University programs which provide: (1) library facilities (2) continuing education opportunities for employees (3) graduates for possible employment with firm f. Skilled technicians in area g. A jet airport located in area h. Community cultural offerings i. Urban center within 50 miles A model based on the above conclusions is presented as a guide for the establishment of a research park. In addition, other important elements derived from a study of the selected management principles and opinions expressed in the interviews by administrators are identified and presented. The findings of this study and the derived model comprise the most comprehensive information on research parks available to date. The utilization of this model and the other information presented should materially enhance the probability of success of new university related research parks.
Type	Text
Publisher	University of Utah
Subject	Education, Higher; Research
Dissertation Name	Doctor of Philosophy
Language	eng
Rights Management	© Mark L. Money
Format	application/pdf
Format Medium	application/pdf
ARK	ark:/87278/s6krxhw3
Setname	ir_etd
ID	2362482
Reference URL	https://collections.lib.utah.edu/ark:/87278/s6krxhw3

Page Metadata

Title	Page 121
Format	application/pdf
Setname	ir_etd
ID	2362603
OCR Text	Show 108 ECONOMIC FACTORS A summary of location decisions (1) category: somewhat or stand of important skilled technicians of of the this in of companies (2) group. those in Almost it with almost 40 percent lease it citing the as important as single the is purchase or somewhat as the most as this considered is 85.4 percent consider it responding, in responding. consider favorable 'site at attractive a factors being extremely important as important by 87.6 percent Of those terms. out availability important factor of economic importance shown in Table 11. (44.7 percent) availability very The very Almost half most is factors Two the relative or important element. The the to availability corroborates recent warnings of leaders cians They importance attached have observed pace with keeping that the supply the demands development work. Technicians A recent of of in of skilled techni- industry and education. trained technicians is not companies engaged in research and government study observed: becoming an increasingly essential part of the management research, development, production, and provi sion of special services in all fields of applied science Thus, a serious shortage in trained manpower capable of giving the technical laboratory or clinical service formerly performed by the engineer or medical professional has developed. The number team are for . of new be at technicians of all kinds needed each year is . estimated . to least 200,000, and the need for new kinds of technicians and for upgrading or updating employed technicians of all kinds will evidently continue to increase.13 l3United States Department Criteria for Technician Education ing Office:-November 1968), Advancement of American p. 2, of Health, Education and (Washington, See D.C.: Welfare, Government Print also American Association for A Growing Challenge in Science, Technical Education: Higher Education (Washington, D.C., July 19q8), pp. 8-12-,-
Reference URL	https://collections.lib.utah.edu/ark:/87278/s6krxhw3/2362603