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Links between higher education institutions and high technology firms

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  • Westhead, P.
  • Storey, D. J.
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    Abstract

    Universities and other higher education institutions (HEIs) are an important resource network for high technology firms. In order to develop stronger links with industry HEIs have established Science Parks. To ascertain 'added-value' of a Science Park location in the UK the formal and informal links developed with local HEIs by independent Science Park firms are compared with the links made by a comparable group of independent high technology firms not located on a Park. Analysis of the combined sample of on and off-Park firms revealed having a link with a local HEI in 1986 was associated with survival over the 1986-1992 period. However, on the downside, empirical evidence collected in 1992/93 from firms in a follow-on sample (originally interviewed in 1986) as well as a 'new sample' study (independent firms that had located on a Science Park between 1986 and 1992) both revealed that the vast majority of links developed with local HEIs are generally informal ones. The policy implications of the research findings are discussed.

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    Bibliographic Info

    Article provided by Elsevier in its journal Omega.

    Volume (Year): 23 (1995)
    Issue (Month): 4 (August)
    Pages: 345-360

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    Handle: RePEc:eee:jomega:v:23:y:1995:i:4:p:345-360

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    Keywords: high technology firms higher education institutions links Science Parks policy implications;

    References

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    1. Håkansson, Håkan, 1990. "Technological collaboration in industrial networks," European Management Journal, Elsevier, vol. 8(3), pages 371-379, September.
    2. R A Joseph, 1989. "Technology parks and their contribution to the development of technology-oriented complexes in Australia," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 7(2), pages 173-192, April.
    3. D E Keeble, 1989. "High-technology industry and regional development in Britain: the case of the Cambridge phenomenon," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 7(2), pages 153-172, April.
    4. Acs, Zoltan J & Audretsch, David B & Feldman, Maryann P, 1992. "Real Effects of Academic Research: Comment," American Economic Review, American Economic Association, vol. 82(1), pages 363-67, March.
    5. Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-70, December.
    6. Lorenzoni, Gianni & Ornati, Oscar A., 1988. "Constellations of firms and new ventures," Journal of Business Venturing, Elsevier, vol. 3(1), pages 41-57.
    7. Cooper, Arnold C. & Bruno, Albert V., 1977. "Success among high-technology firms," Business Horizons, Elsevier, vol. 20(2), pages 16-22, April.
    8. Reid, Gavin C., 1991. "Staying in business," International Journal of Industrial Organization, Elsevier, vol. 9(4), pages 545-556, December.
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    Cited by:
    1. Donald S. Siegel & Phillip H. Phan, 2004. "Analyzing the Effectiveness of University Technology Transfer: Implications for Entrepreneurship Education," Rensselaer Working Papers in Economics 0426, Rensselaer Polytechnic Institute, Department of Economics.
    2. Albahari, Alberto & Barge-Gil, Andrés & Pérez-Canto, Salvador & Modrego-Rico, Aurelia, 2013. "The Influence of Science and Technology Park Characteristics on Firms’ Innovation Results," MPRA Paper 48829, University Library of Munich, Germany.
    3. Appold, Stephen J., 2004. "Research parks and the location of industrial research laboratories: an analysis of the effectiveness of a policy intervention," Research Policy, Elsevier, vol. 33(2), pages 225-243, March.
    4. Vásquez-Urriago, Ángela Rocío & Barge-Gil, Andrés & Modrego, Aurelia, 2012. "Science and technology parks and cooperation for innovation: Empirical evidence from Spain," MPRA Paper 39572, University Library of Munich, Germany.
    5. Rosanna Pittiglio & Edgardo Sica & Stefania Villa, 2009. "Innovation and internationalization: the case of Italy," The Journal of Technology Transfer, Springer, vol. 34(6), pages 588-602, December.
    6. Rappert, Brian & Webster, Andrew & Charles, David, 1999. "Making sense of diversity and reluctance: academic-industrial relations and intellectual property," Research Policy, Elsevier, vol. 28(8), pages 873-890, November.
    7. Albahari, Alberto & Pérez-Canto, Salvador & Barge-Gil, Andrés & Modrego, Aurelia, 2013. "Technology Parks versus Science Parks: does the university make the difference?," MPRA Paper 49227, University Library of Munich, Germany.
    8. Giuseppe Criaco & Tommaso Minola & Pablo Migliorini & Christian Serarols-Tarrés, 2014. "“To have and have not”: founders’ human capital and university start-up survival," The Journal of Technology Transfer, Springer, vol. 39(4), pages 567-593, August.
    9. Mustar, Philippe & Renault, Marie & Colombo, Massimo G. & Piva, Evila & Fontes, Margarida & Lockett, Andy & Wright, Mike & Clarysse, Bart & Moray, Nathalie, 2006. "Conceptualising the heterogeneity of research-based spin-offs: A multi-dimensional taxonomy," Research Policy, Elsevier, vol. 35(2), pages 289-308, March.
    10. Koh, Francis C. C. & Koh, Winston T. H. & Tschang, Feichin Ted, 2005. "An analytical framework for science parks and technology districts with an application to Singapore," Journal of Business Venturing, Elsevier, vol. 20(2), pages 217-239, March.

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