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The impact of science and technology parks on firms´ product innovation: empirical evidence from Spain

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  • Vásquez Urriago, Ángela Rocio
  • Barge-Gil, Andrés
  • Modrego Rico, Aurelia
  • Paraskevopoulou, Evita

Abstract

Science and Technology Parks (STP) are one of the most important and extensive innovation policy initiatives introduced in recent years. This work evaluates the impact of STP on firm product innovation in the Spanish context. Spain is less developed than most of the advanced countries, and regional and national governments are prioritizing STP initiatives. The large firm sample for our study is from the Spanish Technological Innovation Survey, provided by the National Statistical Institute. We focus on average treatment effects for firms located in 22 Spanish STP. Our results show that Spanish STP have a strong and positive impact on the probability and amount of product innovation achieved by STP located firms. These results hold for different assumptions about the mechanisms underlying location in a STP.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 30555.

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Date of creation: 25 Feb 2011
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Handle: RePEc:pra:mprapa:30555

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Keywords: Science and Technology Parks; product innovation; treatment effects; regional development policies.;

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Citations

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Cited by:
  1. Vásquez-Urriago, Angela & Barge-Gil, Andrés & Modrego, Aurelia, 2014. "Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for Spain," MPRA Paper 55130, University Library of Munich, Germany.
  2. 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.
  3. 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.
  4. Barge-Gil, Andrés & Conti, Annamaria, 2013. "Firm R&D units and outsourcing partners: A matching story," MPRA Paper 44090, University Library of Munich, Germany.
  5. Barge-Gil, Andrés, 2011. "Open strategies and innovation performance," MPRA Paper 31298, University Library of Munich, Germany.
  6. 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.

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