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Science and Technology Parks: a study of value creation for park tenants

Author

Listed:
  • Alberto Albahari

    (Universidad de Málaga –School of Industrial Engineering)

  • Magnus Klofsten

    (Linköping University)

  • Juan Carlos Rubio-Romero

    (Universidad de Málaga –School of Industrial Engineering)

Abstract

The literature on Science and Technology Parks (STPs) is growing rapidly and, despite the positive impact of STPs on firms found by many studies, it remains unclear how STPs create value for tenants. In this paper, we study the STP supply side through a case study in a Swedish region. We identify two components of the business support provided by parks: a configuration-oriented component, and a process-oriented component. The former refers to the static design of the business support, and the latter to the active, hands-on support provided by parks’ management. Both components must be planned carefully in order to deliver value to tenants. We also discuss some implications for policy and managers.

Suggested Citation

  • 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.
    • Handle: RePEc:kap:jtecht:v:44:y:2019:i:4:d:10.1007_s10961-018-9661-9
    DOI: 10.1007/s10961-018-9661-9
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    Cited by:

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    2. Alberto Albahari & Andrés Barge-Gil & Salvador Pérez-Canto & Paolo Landoni, 2023. "The effect of science and technology parks on tenant firms: a literature review," The Journal of Technology Transfer, Springer, vol. 48(4), pages 1489-1531, August.
    3. Ivan-Damir Anić & Nicoletta Corrocher, 2022. "Patterns of value creation in policy-driven cluster initiatives: evidence from the croatian competitiveness clusters," Journal of Evolutionary Economics, Springer, vol. 32(2), pages 643-672, April.
    4. Annekatrin Niebuhr & Jan Cornelius Peters & Alex Schmidke, 2020. "Spatial sorting of innovative firms and heterogeneous effects of agglomeration on innovation in Germany," The Journal of Technology Transfer, Springer, vol. 45(5), pages 1343-1375, October.
    5. Radko Radev, 2022. "Strategic Entrepreneurship as a Main Factor for the Development of Economic Zones in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 86-110.
    6. Miriti Jane Kinya & Kenneth Lawrance Wanjau & Nyagweth Ebenezer Odeyo, 2021. "The role of incubator classification on performance of incubators in Kenya," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(6), pages 256-267, September.
    7. Kamilla Kohn Rådberg & Hans Löfsten, 2023. "Developing a knowledge ecosystem for large-scale research infrastructure," The Journal of Technology Transfer, Springer, vol. 48(1), pages 441-467, February.
    8. Natalya Radko & Maksim Belitski & Yelena Kalyuzhnova, 2023. "Conceptualising the entrepreneurial university: the stakeholder approach," The Journal of Technology Transfer, Springer, vol. 48(3), pages 955-1044, June.
    9. Brian J. Bergman & Jeffery S. McMullen, 2022. "Helping Entrepreneurs Help Themselves: A Review and Relational Research Agenda on Entrepreneurial Support Organizations," Entrepreneurship Theory and Practice, , vol. 46(3), pages 688-728, May.
    10. Tangwei Teng & Yi Zhang & Yuefang Si & Jiayi Chen & Xianzhong Cao, 2020. "Government support and firm innovation performance in Chinese science and technology parks: The perspective of firm and sub‐park heterogeneity," Growth and Change, Wiley Blackwell, vol. 51(2), pages 749-770, June.
    11. Taiane Quaresma Leite & André Luis Silva & Joaquim Ramos Silva & Sérgio Evangelista Silva, 2023. "A Multilevel Analysis of the Interaction Between Science Parks and External Agents: a Study in Brazil and Portugal," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1790-1829, June.
    12. Ng, Wei Keat Benny & Appel-Meulenbroek, Rianne & Cloodt, Myriam & Arentze, Theo, 2022. "Exploring science park location choice: A stated choice experiment among Dutch technology-based firms," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    13. Ng, Wei Keat Benny & Appel-Meulenbroek, Rianne & Cloodt, Myriam & Arentze, Theo, 2021. "Perceptual measures of science parks: Tenant firms’ associations between science park attributes and benefits," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    14. Laspia, Alessandro & Sansone, Giuliano & Landoni, Paolo & Racanelli, Domenico & Bartezzaghi, Emilio, 2021. "The organization of innovation services in science and technology parks: Evidence from a multi-case study analysis in Europe," Technological Forecasting and Social Change, Elsevier, vol. 173(C).

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    More about this item

    Keywords

    Science and Technology Parks; Agglomerations; Added-value; Entrepreneurship; Innovation;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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