Science Parks and the Development of NTBFs-- Location, Survival and Growth
AbstractThis study investigates survival and growth of NTBFs located on and off two Swedish science parks. We find that firms located on science parks have significantly higher survival rates than off-park firms. However, we observe insignificant differences in sales and employment. Wider variation in the growth rates of firms located on parks together with the better survival suggests that the science parks may be providing favorable locations for NTBFs in a range of development phases. The image benefit associated with a science park location is not helpful in explaining growth, whereas a location benefit associated with cooperation with universities is positively associated with growth.
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Bibliographic InfoArticle provided by Springer in its journal The Journal of Technology Transfer.
Volume (Year): 29 (2004)
Issue (Month): 1 (01)
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Web page: http://www.springerlink.com/link.asp?id=104998
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- Fukugawa, Nobuya, 2006. "Science parks in Japan and their value-added contributions to new technology-based firms," International Journal of Industrial Organization, Elsevier, vol. 24(2), pages 381-400, March.
- Squicciarini, Mariagrazia, 2009. "Science parks, knowledge spillovers, and firms' innovative performance: evidence from Finland," Economics Discussion Papers 2009-32, Kiel Institute for the World Economy.
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