KACST seeks to utilize scientific research in industrial development. Thus, in response to the recommendations of the Advisory Board for the Supreme Economic Council, KACST has established a center for technology development to help transfer technology to the Kingdom & assist investors & researchers. KACST is currently implementing three programs:
-
The Technology Incubators & Parks Program:
This program collaborates with the different national sectors (universities, research centers, business enterprises) to develop technology. The program is intended to perform the following:
-
Help create technology parks & incubators.
-
Facilitate the initiation of projects for technology development in the Kingdom.
-
Help researchers & investors improve the chances of obtaining commercial technology projects.
-
Assist in the transfer & adaptation of technology from outside sources to serve investors & researchers.
-
Help provide information on technology & business.
-
Facilitate partnerships between investors, entrepreneurs and industrials on the one hand, and researchers and research and academic institutions on the other.