Technology parks are specialized areas designed to promote the growth of technology-based companies and innovation. They provide businesses with access to resources such as research facilities, office space, and networking opportunities. These parks often collaborate with universities and research institutions to foster innovation and support startups. Typically located near urban centers or academic institutions, technology parks aim to create a vibrant ecosystem for entrepreneurs and researchers. They often host events, workshops, and seminars to encourage knowledge sharing and collaboration among companies. Examples of successful technology parks include Silicon Valley in the United States and Cambridge Science Park in the United Kingdom.