The Influence of Science and Technology Park Characteristics on Firms’ Innovation Results

Albahari, Alberto and Barge-Gil, Andrés and Pérez-Canto, Salvador and Modrego-Rico, Aurelia (2013): The Influence of Science and Technology Park Characteristics on Firms’ Innovation Results.

Abstract

The effectiveness of Science and Technology Parks (STPs) as instruments of innovation policy has generated thriving debate among academics, practitioners and policy makers. However, research mostly does not consider STPs’ heterogeneity. The present paper analyses the influence of different STP characteristics on their tenants'performance. Using data on 849 firms and 25 STPs from the 2009 Community Innovation Survey for Spain and a survey of STP managers respectively, we find that: (i) firms located in very new or longer established STPs show better innovative performance; (ii) the size of the STP and its management company positively affects the innovative performance of tenants while services provision has no effect on firms’ achieving better results; and (iii) firms in less technologically developed regions benefit more from location in an STP.

• Item Type: MPRA Paper
• Language: English
• Keywords: Science and Technology Parks; Innovation; Innovation Performance; Community Innovation Survey; Innovation policy
• Subjects: L - Industrial Organization > L0 - General; L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior; L - Industrial Organization > L3 - Nonprofit Organizations and Public Enterprise > L38 - Public Policy; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O30 - General; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O33 - Technological Change: Choices and Consequences ; Diffusion Processes; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O38 - Government Policy; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O39 - Other

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