Paper submission - Coversheet Information Paper for the 30 th IASP World Conference on Science and Technology Parks, 2013 Riyadh Techno Valley a 4th Generation Science Park Title of the paper: Driving the change of Riyadh to Knowledge City Session for which the Steering Committee has provisionally selected PARALLEL 1 - Parks and cities - Intelligent systems and the abstract submitted prior to this infrastructures paper: Length of the paper: 3.029 words Author Given Name: ABDULAZIZ SURNAME: ALDUSARI Organisation: RIYADH TECHNO VALLEY Position: CEO City: RIYADH Country: SAUDI ARABIA Author's e -mail address:
[email protected] Phone (with area code): +966 (11) 4693058 [X] I confirm my ability to present my paper in English. [X] By submitting my Full Paper I authorise the Conference Organisers to publish it in the Conference Proceedings (if the Paper is approved by the Steering Committee). The kingdom of Saudi Arabia has adopted a long term economic development strategy that shifts its focus in developing Knowledge –based economy. In support of this King Saud University in Riyadh has launched the Riyadh Techno Valley project a 4 th generation science park that will aid to facilitate the kingdom’s efforts in developing a knowledge society. The RTV will play an integral role in encouraging and achieving these objectives. The Kingdom’s strategy plans towards a knowledge based economy Consistent with the development plans of the Kingdom, which aims to build a national basis for science and technology capable of innovation and renewal, in line with the trend towards knowledge-based economy. The Kingdom calls for the establishment of “Science and technology Parks” at universities and research centers to direct attention to the promotion of co-financing and joint research programs between industry and academic sector institutions and the establishment of business incubators in order to transform research results into industrial and commercial application.