Science parks are ideal breeding grounds for success of life sciences companies

Life sciences companies are more innovative and more successful if they have access to diverse facilities and a powerful network. Physical proximity to other organizations in the network is of great importance here. Although working from home is currently the norm for many, this is not the case for many life sciences companies. On the contrary, their demand for new office or laboratory space is only increasing. The role of accommodation is changing, however; it is becoming more than just a suitable workplace.

Companies and organizations are therefore increasingly choosing to establish themselves closer to each other. In order to be near the knowledge, many life sciences companies opt for a location in the heart of an innovation ecosystem, for example on a campus or science park. In this ecosystem, various innovative companies, universities and network organizations come together. Physical proximity makes it easier to meet each other. These meetings are the basis for knowledge sharing. By meeting and sharing knowledge, collaborations are more easily established, which in turn leads to accelerated innovation. Several campuses and science parks in the Netherlands already have an active life sciences ecosystem, such as Leiden Bio Science Park, Utrecht Science Park and Wageningen Campus.

This story by Kadans is featured this week in Analysis: Future of the Economy and Society, distributed with Financieel Dagblad. Click the button below to read the entire article in Dutch.