Role of University Science Park in Preparing Graduates for Industry: Playing the Academic Role

The science parks play essential role in facilitating the university industry collaborations in order to enhance and utilize knowledge transfers, IP exchange, technology transfers, joint research projects, creating spin-offs and internships for students. The purpose of this paper was to analyse the need of a dedicated academic institute with a specialized course that is conducted through an industry oriented procedure. Based on analysis of various existing models of programs conducted by a number of science parks around the world and assessment of the courses offered by King Saud University, where Riyadh Techno Valley is based, some discrepancies and limitations were found in programs at King Saud University and other institutions. More importantly, practical needs of the students have been identified and addressed in the proposed program by Riyadh Techno Valley Institute (RTVi).