Global experience indicates that research parks are the ideal vehicle
for developing knowledge based economy. The 8th Development Plan of the Kingdom of Saudi Arabia aims to establish such an economic framework. In this line, King Saud
University has initiated
the Riyadh Techno Valley (RTV) project dedicated to attracting local and global
investment in this field. RTV project will facilitate dynamic research
activity within the university and enable the existing economic institutions in
the Kingdom which are based on innovation to utilize such resources to generate
or transfer advanced technologies, thus helping to achieve knowledge based economy
in the Kingdom.
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