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Independent Technology-based Firms: The Perceived Benefits of a Science Park Location

Author

Listed:
  • Paul Westhead

    (Department of Entrepreneurship, Faculty of Management, University of Stirling, Stirling, FK9 4LA, Scotland, UK, paul.westhead@stir.ac.uk)

  • Stephen Batstone

    (Centre for Small and Medium-sized Enterprises, Warwick Business School, The University of Warwick, Coventry, CV4 7AL, UK, S.J.Batstone@warwick.ac.uk)

Abstract

This study explores the perceived benefits of a science park location in the UK for independent technology-based firms. Property needs of independent science parks firms were compared with the property needs of a 'control' group of similar firms located off-park. Factors which influenced owner-managers to locate their ventures on a science park or an off-park location were ascertained. Further, the perceived benefits of selected locations were explored. Conclusions and implications for policy-makers and practitioners are detailed.

Suggested Citation

  • Paul Westhead & Stephen Batstone, 1998. "Independent Technology-based Firms: The Perceived Benefits of a Science Park Location," Urban Studies, Urban Studies Journal Limited, vol. 35(12), pages 2197-2219, December.
    • Handle: RePEc:sae:urbstu:v:35:y:1998:i:12:p:2197-2219
    DOI: 10.1080/0042098983845
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    References listed on IDEAS

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    Cited by:

    1. 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.
    2. Kelsi G. Hobbs & Albert N. Link & John T. Scott, 2017. "Science and technology parks: an annotated and analytical literature review," The Journal of Technology Transfer, Springer, vol. 42(4), pages 957-976, August.
    3. David Minguillo & Robert Tijssen & Mike Thelwall, 2015. "Do science parks promote research and technology? A scientometric analysis of the UK," Scientometrics, Springer;Akadémiai Kiadó, vol. 102(1), pages 701-725, January.
    4. Schwartz, Michael & Göthner, Maximilian, 2009. "A Novel Approach to Incubator Evaluations: The PROMETHEE Outranking Procedures," IWH Discussion Papers 1/2009, Halle Institute for Economic Research (IWH).
    5. Tai-Shan Hu, 2006. "Interaction among High-tech Talent and its Impact on Innovation Performance: A Comparison of Taiwanese Science Parks at Different Stages of Development," European Planning Studies, Taylor & Francis Journals, vol. 16(2), pages 163-187, September.
    6. Lukeš, Martin & Longo, Maria Cristina & Zouhar, Jan, 2019. "Do business incubators really enhance entrepreneurial growth? Evidence from a large sample of innovative Italian start-ups," Technovation, Elsevier, vol. 82, pages 25-34.
    7. Schwartz, Michael & Hornych, Christoph, 2008. "Technologie- und Gründerzentren im Lichte von Diversifizierung versus Spezialisierung," IWH Discussion Papers 7/2008, Halle Institute for Economic Research (IWH).
    8. Link, Albert & Scott, John, 2018. "Geographic Proximity and Science Parks," UNCG Economics Working Papers 18-4, University of North Carolina at Greensboro, Department of Economics.
    9. Alberto Albahari & Magnus Klofsten & Juan Carlos Rubio-Romero, 2019. "Science and Technology Parks: a study of value creation for park tenants," The Journal of Technology Transfer, Springer, vol. 44(4), pages 1256-1272, August.
    10. Laura Lecluyse & Mirjam Knockaert & André Spithoven, 2019. "The contribution of science parks: a literature review and future research agenda," The Journal of Technology Transfer, Springer, vol. 44(2), pages 559-595, April.
    11. Díez-Vial, Isabel & Montoro-Sánchez, Ángeles, 2016. "How knowledge links with universities may foster innovation: The case of a science park," Technovation, Elsevier, vol. 50, pages 41-52.
    12. Isabel Diez-Vial & Marta Fernández-Olmos, 2017. "The effect of science and technology parks on a firm’s performance: a dynamic approach over time," Journal of Evolutionary Economics, Springer, vol. 27(3), pages 413-434, July.

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