The minister of Science, Technology and Innovation, Sen. Adeleke Mamora disclosed this while declaring open a 2-Day Stakeholders workshop on the development and management of science and technology park and the integration of Technology Forsight for National development.
According to him, Science Parks have many advantages on National economies, especially as they: Stimulate and effectively manage the flow of knowledge and technology amongst universities, R&D institutions, companies and markets; facilitate the creation and growth of innovation-based companies through incubation and spin-off processes; and provision of other value-added services together with high quality space and facilities.