Technology parks are specialized areas designed to promote innovation and collaboration among businesses, research institutions, and startups. They provide essential resources such as office space, laboratories, and access to advanced technology, fostering an environment where new ideas can thrive. These parks often focus on specific industries, such as biotechnology, information technology, or clean energy. In addition to physical infrastructure, technology parks often offer support services like mentorship, networking opportunities, and funding assistance. By bringing together entrepreneurs, researchers, and investors, they aim to accelerate the development of new products and services, ultimately contributing to economic growth and job creation in the surrounding community.