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Links between higher education institutions and high technology firms

Author

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  • Westhead, P.
  • Storey, D. J.

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.

Suggested Citation

  • Westhead, P. & Storey, D. J., 1995. "Links between higher education institutions and high technology firms," Omega, Elsevier, vol. 23(4), pages 345-360, August.
  • Handle: RePEc:eee:jomega:v:23:y:1995:i:4:p:345-360
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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. 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.
    3. repec:spr:scient:v:102:y:2015:i:1:d:10.1007_s11192-014-1435-z is not listed on IDEAS
    4. 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.
    5. Lofsten, Hans & Lindelof, Peter, 2002. "Science Parks and the growth of new technology-based firms--academic-industry links, innovation and markets," Research Policy, Elsevier, vol. 31(6), pages 859-876, August.
    6. Díez-Vial, Isabel & Montoro-Sánchez, à ngeles, 2016. "How knowledge links with universities may foster innovation: The case of a science park," Technovation, Elsevier, vol. 50, pages 41-52.
    7. repec:spr:scient:v:102:y:2015:i:1:d:10.1007_s11192-014-1458-5 is not listed on IDEAS
    8. repec:gam:jsusta:v:9:y:2017:i:7:p:1193-:d:103851 is not listed on IDEAS
    9. 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.
    10. Isabel Diez-Vial & Angeles Montoro-Sanchez, 2017. "Research evolution in science parks and incubators: foundations and new trends," Scientometrics, Springer;Akadémiai Kiadó, vol. 110(3), pages 1243-1272, March.
    11. Vásquez-Urriago, Ángela Rocío & Barge-Gil, Andrés & Modrego Rico, Aurelia, 2016. "Science and Technology Parks and cooperation for innovation: Empirical evidence from Spain," Research Policy, Elsevier, vol. 45(1), pages 137-147.
    12. repec:spr:joevec:v:27:y:2017:i:3:d:10.1007_s00191-016-0481-5 is not listed on IDEAS
    13. 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.
    14. Foray, Dominique & Lissoni, Francesco, 2010. "University Research and Public–Private Interaction," Handbook of the Economics of Innovation, Elsevier.
    15. 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.
    16. 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.
    17. repec:kap:jtecht:v:42:y:2017:i:6:d:10.1007_s10961-017-9585-9 is not listed on IDEAS
    18. 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.
    19. 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.

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