The types of science parks here in Spain offer a new physical space to create better relationships between universities and companies

IIPM PUBLICATION

The Madrid Science Park (PCM in Spanish) was created in 2001 to promote technology transfer from the academic to the private sector. “These types of parks here in Spain offer a new physical space to create better relationships between universities and companies,” says its director, Antonio Díaz. There are already more than 45 companies in the park.

At the moment, eight biotechnology companies line PCM’s halls. With only a few employees each, the companies share office and lab space and have access to expensive equipment that would usually be out of financial reach at this early stage. In addition, the arrangement provides them with administrative assistance in developing their businesses. The most advanced research is led by Victor Rosas, head of Decantum Systems. Rosas has spent decades in academia developing a food safety test that quickly separates, for instance, fats and proteins in an animal’s liver. The tests, which can also detect illegal substances, are significantly less expensive and exponentially faster than techniques used today in food safety. The company is already selling the first kits to a handful of regions in Spain before beginning to market them internationally.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Article, Visit Below....
http://iipm-top-mba-institute.spaces.live.com/
http://iipm-here-is-your-future.spaces.live.com/
http://iipm-campus-events.spaces.live.com/
http://iipm-institute.spaces.live.com/