Can I partition my hard drive and run various versions of windows on different ones? [View all]

Just got a new to me windows 10 laptop. Its a HP Workpro and seems very fast and it works great with my internet connection. I have a few programs on my old ACER windows 7 laptop that are not transferring to the HP. This happened years ago when I couldn't transfer some XP programs to the ACER...including some printers that would never work on the new computer.

It occurred to me that I could create a couple of partitions to my 500 GB hard drive and run the different windows versions on each allowing me to use my old printers and the various programs using the fast HP laptop.

Any advice would be welcome.
I'm not completely up to speed on the windows 10 system....where should I look to get to where I can manage my disc if i want to try the partitioning idea?