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Published online 17 June 2009 | Nature 459, 896-897 (2009) | doi:10.1038/459896a
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Research parks feel the economic pinch
Once lauded as incubators of high-tech jobs, science parks find themselves struggling in the new financial environment.
Science parks, which have proliferated in recent years, face an uncertain future as the recession affects government budgets, university endowments and private investments — all of which science parks often depend on.
"A lot of big projects that were in the works are definitely feeling the crunch," says Anthony Townsend, a New York-based research director at the Institute for the Future think tank.
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