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Technology Parks versus Science Parks: Does the university make the difference?

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  • Albahari, Alberto
  • Pérez-Canto, Salvador
  • Barge-Gil, Andrés
  • Modrego, Aurelia

Abstract

Science and Technology Parks (STPs) has become fairly widespread through the world, although their effect on firms' innovation performance is still a very debated issue. A recent stream in the literature points to heterogeneity of tenants and of parks themselves being a key concept when assessing STPs effect on tenants' performance. An important source of STPs heterogeneity that has been disregarded so far is the degree of university involvement in these parks. At the extremes, there are parks that are owned and managed by universities, and parks with no formal links with a university. We use data from the Community Innovation Survey (CIS) for Spain and a survey of STP park managers to analyse how the degree of involvement of a university in the STP is related to innovation outputs of its tenants and their links with universities. We show that higher involvement of a university in the STP is positively related to the number of patent applications, but negatively related to tenant's innovation sales. In addition, we find no robust evidence that higher involvement of a university in the STP is positively related to the propensity for park firms to cooperate with a university or to purchase external R&D services from the university.

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  • Albahari, Alberto & Pérez-Canto, Salvador & Barge-Gil, Andrés & Modrego, Aurelia, 2017. "Technology Parks versus Science Parks: Does the university make the difference?," Technological Forecasting and Social Change, Elsevier, vol. 116(C), pages 13-28.
    • Handle: RePEc:eee:tefoso:v:116:y:2017:i:c:p:13-28
    DOI: 10.1016/j.techfore.2016.11.012
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    18. Kholekile L. Gwebu & Jeffrey Sohl & Jing Wang, 2019. "Differential performance of science park firms: an integrative model," Small Business Economics, Springer, vol. 52(1), pages 193-211, January.
    19. Eva-María Mora-Valentín & Marta Ortiz-de-Urbina-Criado & Juan-José Nájera-Sánchez, 2018. "Mapping the conceptual structure of science and technology parks," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1410-1435, October.
    20. Isabel Díez-Vial & Marta Fernández-Olmos, 2015. "Knowledge spillovers in science and technology parks: how can firms benefit most?," The Journal of Technology Transfer, Springer, vol. 40(1), pages 70-84, February.

    More about this item

    Keywords

    Science and technology parks; Innovation policy; Innovation performance; Academia-industry relations; Universities;
    All these keywords.

    JEL classification:

    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    Statistics

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