All About Research Triangle Park, NC

The Research Triangle Park in North Carolina, which isand local businesses. The land where the park is now
frequent abbreviated to simply RTP, is one of thebuilt was originally purchased by Karl Robbins. In
largest research parks to be found in the entirecombination with the Cummings Research Park
world. A research park, which is also commonlylocated in Huntsville, Alabama and the Virginia
referred to as a science park, is a specializedBioTechnology Research Park in Richmond, Virginia,
property development that includes a highNorth Carolina's RTP is one component of what is
concentration of high tech, research, or sciencereferred to as the "New South" of scientific
related businesses.leadership.
The RTP in North Carolina is located in what hasIn all, North Carolina's RTP contains 7,000 acres and is
become known as the Research Triangle Region insituated within a pine forrest that offers another 630
the state. The majority of this region is found inacres for potential development. Over 130 research
Durham County, though a portion of it is also locatedand development facilities were located in the RTIp
in Wake County.as of 2007. In addition, the RTP employed over
North Carolina's RTP, which was created in 1959, has39,000 employees representing 157 different
earned a reputation as one of the most prominentorganizations in the area.
high tech development and research centers in theA number of notable companies are located at the
United States. In addition, it is frequently comparedRTP. One of the largest IBM operations in the world,
to Silicon Valley in regard to its technology andwhich employs around 11,000 people, is found here.
scientific importance.Other companies include Bayer, the Environmental
The development of the RTP was the result of aProtection Agency, Sony Ericsson, and many more.
collaboration among nearby universities, governments,