Co-location and Commercialization: McMaster University’s Innovation Park

The Conference Board of Canada, 16 pages, September 25, 2015
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Collaboration between researchers and entrepreneurs is crucial to research commercialization. The McMaster Innovation Park is shedding light on the benefits of co-location, innovations in commercialization, and improvements in research parks.

Document Highlights

Co-location of businesses with researchers has proved to be an important factor in commercializing research, and the McMaster University Innovation Park (MIP) has shown itself as a leader in the research-commercialization ecosystem.

With the support of its host university, government, and the public, MIP seeks to make university research more applicable and strengthen regional business by creating a holistic ecosystem that promotes academic spinoffs into the commercial sector. In doing so, MIP is facilitating new research, creating employment, and acting as a catalyst for urban renewal in Hamilton.


 

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