Site Selection Magazine Highlights Abbott in the UI Research Park

The June Site Selection Magazine Life Sciences Report featured Abbott’s decision to locate in the University of Illinois Research Park and includes photos of the iCyt Building. This article was based on the BioParks event in Chicago on 5/1/10, where Dr. Robert Miller Divisional VP for Global Research and Development at Abbott Nutrition, was a keynote speaker. The article features his positive expression of why Abbott chose to have a presence in the Research Park at the University of Illinois and at Biopolis. “The new model, which was instigated in the last couple of years by our CEO, Miles White, is about how to think about this differently. It’s about research parks and their knowledge spillover. When we started looking at how research parks could accelerate our innovation, it matched very well with our long-range plans at Abbott, one of which is taking regional insights and creating global impacts.” By knowledge spillover, Miller means the capacity to incorporate an entrepreneurial spirit into the science of R&D. “I call it ‘intrapreneurial,’” says Miller. “I want people in my organization to understand what being entrepreneurial means, but I want it ‘intra’ to the organization and to keep stimulating that.”
http://www.siteselection.com/LifeSciences/2010/may/research-parks.html