Purdue Research Park
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| Park Information | |||||
| Name: | Purdue Research Park | ||||
| Motto: | The Idea Economy is Here | ||||
| Locations: | West Lafayette, Indiana | Indianapolis, Indiana | Merrillville, Indiana | New Albany, Indiana | |
| Affiliation: | Purdue University | ||||
| Companies: | Nearly 200 | ||||
| Land: | 725 acres (2.93 km2) | 78 acres (0.32 km2) | 40 acres (0.16 km2) | ||
| Incubation Space: | 356,000 square feet (33,100 m2) | 55,000 square feet (5,100 m2) | 48,000 square feet (4,500 m2) | 40,000 square feet (3,700 m2) | |
Coordinates: 40°28′N 86°56′W / 40.46°N 86.93°W
The Purdue Research Parks are a network of four research parks located in Indiana, United States. The 725-acre (2.93 km2) flagship West Lafayette park is located less than 2 miles (3.2 km) north of Purdue University's West Lafayette campus, and is the largest university-affiliated research park in the United States. The other facilities are located in Merrillville, Indianapolis, and New Albany. The parks were developed by the Purdue Research Foundation.
Under development since the late 1990s, the Purdue Research Parks are now home to nearly 200 companies encompassing numerous industries and fields of study, including biology, materials science, and information science, among others. Purdue University and Purdue Research Foundation operate business incubation programs to assist organizations in the process of commercializing innovative technologies. It represents the largest cluster of "technology-based companies" in Indiana.
Purdue Research Park has been used as an example of the positive "impact of scientific research" on local economies, specifically through citation of a report which detailed a positive financial impact of US$1,300,000,000 per annum for the state of Indiana and a positive jobs impact through creation of 4000 jobs.
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