Research Triangle Park

Research Triangle Park (RTP)

Formation	1959
Type	Science Park
Headquarters	North Carolina, USA
Location	Durham, Wake, and Orange counties
Region served	Global
Parent organization	Research Triangle Foundation
Website	www.rtp.org

The Research Triangle Park (RTP) stands as the largest research park in the United States and one of the most prominent high-technology research and development parks globally. Established in 1959 and sprawled across parts of Durham, Wake, and Orange counties in North Carolina, RTP was meticulously planned to prevent the "brain drain" associated with the migration of graduates from the area's prestigious universities seeking employment elsewhere.

Location and Naming

The park's moniker, Research Triangle Park, derives from its geographical positioning relative to the three anchoring cities of Raleigh, Durham, and Chapel Hill, or more precisely, due to the proximity of three major research universities located within these cities: North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. The Research Triangle region, named after the park itself, extends beyond these anchor cities to include the communities of Morrisville and Cary. Approximately one fourth of RTP's expanse falls within Wake County, with the lion's share situated in Durham County.

History

Conceived with the objective of catalyzing regional economic development through research and innovation, RTP has evolved from its inception into a vast nexus of over 300 companies. These encompass a diverse range of sectors including biotechnology, pharmaceuticals, environmental sciences, and information technology, among others.

Purpose and Vision

RTP's foundational aim was to create an environment conducive to the growth of research and development, thereby promoting economic expansion within the region. By bridging research institutions with startups and industry giants, RTP has become a crucible for technological innovation and commercialization.

Facilities and Institutions

Home to a myriad of companies, from startups to Fortune 100 giants, RTP houses over 55,000 employees. The park's landscape is dotted with institutions dedicated to various scientific domains, such as IBM, GlaxoSmithKline, Cisco Systems, and the National Institute of Environmental Health Sciences (NIEHS).

Impact and Contributions

The park's establishment has markedly propelled the economic stature of North Carolina, transforming the region into a global beacon for research and technology. Its influence extends beyond economic metrics, catalyzing the growth of surrounding residential and commercial infrastructures.

Community and Environment

Beyond its identity as an innovation hub, RTP is committed to fostering community engagement and environmental stewardship. The park offers numerous amenities aimed at enriching the work-life balance of its inhabitants, including recreational areas and green spaces.

Future Development

Under the stewardship of the Research Triangle Foundation, ongoing investments in RTP's infrastructure underscore a commitment to maintaining its status as a global leader in innovation. These initiatives are geared towards attracting premier organizations and top-tier talent from across the globe.

See Also

• Silicon Valley
• Boston's Route 128
• Technology square
• Innovation district