have joined high-tech firms in Shenzhen.The universities, in turn, receive several benefits. For example, they are afforded the opportunity to become leading universities on the mainland instead of just in Hong Kong, are eligible for mainland research funding, and can expand their space for teaching and research to meet rising demand.Their research institutes — which consist of labs, classrooms, and administrative offices — are offering training to research staff and students, establishing high-tech enterprises, developing advanced technologies, and commercializing research outputs.The Virtual University Park is situated within the Shenzhen Hi-tech Industrial Park (Shenzhen HIP), which focuses on the development of biology, electronics, information technology, optical electromechanical integration, pharmaceuticals and other high-tech industries. Major investors in Shenzhen HIP include Compaq, Epson, IBM, Olympus, and Philips.The Shenzhen HIP serves as center for collaborative projects between university research institutes, investors, and high-tech firms that transform scientific and technological achievements into products. It’s a one stop shop for innovation.
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Bill Costello, M.Ed., is a U.S.-based education columnist, blogger, and author of Awaken Your Birdbrain: Using Creativity to Get What You Want. He can be reached at www.makingmindsmatter.com
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