Science and Technology Parks

Technology/ knowledge transfer is the process of moving (disseminating) technology/ knowledge from the places or groups of its origination to wider distribution among people and places. The transfer often occurs by concerted effort to share skills, knowledge, technologies, methods of manufacturing, samples of manufacturing and facilities among universities and other institutions to ensure that scientific and technological developments are accessible to a wider range of users, who can further develop and exploit the technology into new products, processes, applications, materials, or services.

Most members of the local community face the challenge of being unemployed after completing their studies or are not employed for not completing their studies for various reasons. In such a situation, these groups of people may form self-help groups where they are taught how to produce commercial products such as soap in order for them to tend to their daily needs. The general problem is that most of the goods that are produced do not reach the market, therefore, low profits are experienced. In addition to this, the producers may lack the knowledge required for market creation. The local people may also lack funds to finance their work which makes all the knowledge gained go to waste. Furthermore, materials needed to sustain their work may be insufficient and the business may end up collapsing.

The specific problem is that they lack a definite place where they can converge to share ideas and to bring their projects to life. Another problem is that they lack an incubation facility where their knowledge can be natured and grown, thus getting more skillful at their ventures.

Ubrica addresses this predicaments through the development of science and technology parks. The purpose of the parks will be to facilitate sharing of knowledge, promote innovation and advance research to viable commercial products. The science and technology parks will be developed through issuing of utility tokens. Money gotten from the sale of the tokens will be used to purchase necessary equipment for the science and technology parks which will thereafter be used for production of the product.

The science parks will serve as incubation centers where they will be provided with the nurturing environment needed to develop and grow their businesses, offering everything from state of the art laboratories, necessary materials and everything in between. They will provide direct access to hands on intensive business support, access to finance and experts and to other entrepreneurs and suppliers to make their businesses and entrepreneurship skills to grow. They will also be able to share ideas with one another because the science and technology parks will serve as a common meeting ground for all the groups.

Skillful university graduates will share their knowledge with people from said groups which in turn will give them an opportunity to get hands on skills. In so doing, science and technology parks will create employment for the graduates.

Ubrica will establish a technology/ knowledge transfer office whose purpose will be to identify research which has potential commercial interest and strategies for how to exploit it. The transfer office will also be tasked with licensing agreements or setting up partnerships to share both the risks and rewards of bringing new technology.

The groups with the help and guidance of financial advisors, will be able to manage their costs and save, thus making it easier for their businesses to grow. Marketers will also help their products to reach a wider market.

An example of how the science and technology parks will help develop a business is the making of soap. Soap is a substance used for washing and cleaning purposes and soap making has become a common practice among many African communities. Self-help groups have come up to teach people how to create homemade soap in order for them to get a source of income. This knowledge becomes wasted when they do not have the necessary resources and materials to make their products. Science and technology parks will provide the groups with vast knowledge for example if they only knew how to make one type of soap, they will learn how to make various flavors of soap for different purposes. They will also meet financial advisers who will help them manage their funds and marketers who will help them sell their products. Soko janja will also serve as a platform to advertise and sell their products. The groups, after receiving the knowledge and guidance, may go ahead and start their own companies.

Summary

  • The self- help groups will be enrolled in a science and technology park at a local university
  • The groups can gain knowledge from the university.
  • They can also gain access to marketing and financial counselling from the STPs
  • Afterwards they can be able to build lasting/ thriving companies

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About Ubrica

Ustawi Biomedical Research Innovation and Industrial Centers of Africa

We are a life science and health production  (LSHP) organization. We sponsor investments in life science comprising pharmaceuticals and medical devices, and fully integrated health production by building sustainable one health communities involving people co-operating in a retail network combined with health delivery system. In addition, we sponsor investments in specialized real estate for life science and health production.

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