Stanford Research Park: The Cradle of Silicon Valley

In the early 1950s, Stanford University ingeniously leveraged its underutilized land to create one of America's first suburban office parks, Stanford Research Park. This move not only solved the university's financial woes but also unexpectedly spurred the flourishing of Silicon Valley. By attracting tech companies like HP and Lockheed Martin and fostering close collaboration with the university, the park promoted technological innovation and talent cultivation, ultimately shaping today's global tech landscape. However, its success also brought negative consequences, such as exacerbating the severe jobs-housing imbalance in Palo Alto.