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Leverage Your Campus for Innovation
Utilizing university resources can foster a robust ecosystem for business development. The transformation of parts of Stanford's campus into the Stanford Research Park exemplifies how academic institutions can collaborate with commercial entities to spark innovation. By leasing space to corporations and government bodies, universities can create environments where startups thrive. This approach has led to significant technological advancements and housed notable companies like HP, Tesla, and Facebook, demonstrating the impact of strategic partnerships within educational settings.