The Origins Of The Research Triangle Park, Nc

Spread over 7,000 acres in the heart of Northfund the purchase of the land that was required
Carolina, The Research Triangle Park is a researchfor the research park. By the end of 1957, they
park that was created in 1959 by leading Northacquired 3,559 acres and in January 1959, the
Carolina business men, industrialists andResearch Triangle Institute was established.
academicians. It is currently home to over 150Construction of its headquarters began soon
organizations from diverse industries andafter, and RTI became the Park's first tenant. In
work-place to over 39,000 full-time professionals.1965, two giant corporations, the National Institute
Successfully overcoming its initial hurdles, the Parkof Environment Health Science and International
now recruits some of the world's top talents inBusiness Machines Corp. (IBM) set up huge
various fields including information technology,facilities at the park, and they were soon followed
biotechnology, telecommunications andby many others. Today as many as 157
pharmaceuticals and is often refereed to as theorganizations have established facilities within The
Silicon Valley of the East. Worried about theResearch Triangle Park. What started off as an
imminent brain drain resulting from graduatesinnovative concept turned out to be a reality and
leaving North Carolina for better job prospects,a stupendously successful one at that. Today
many Triangle area professionals formed theworld-class research and development
concept of a research park that would promoteorganizations from various fields including
development of new industries and boosttelecommunications, information technology and
cooperation among research organizations. Thepharmaceuticals have huge investments and
idea found favor with many prominent citizens,facilities in the Research Triangle Park. They
including entrepreneur Romeo Guest and Howardprovide employment not only for North Carolina's
Odum, sociology professor at the University ofgraduates, but also for graduates from all over
North Carolina. They went all out to promote theirthe world, completely transforming the economic
idea and in 1957, investor Karl Robbins agreed toprofile of the state.