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Science Parks, talent attraction and stakeholder involvement: an international study

Author

Listed:
  • Eduardo Cadorin

    (Linköping University)

  • Magnus Klofsten

    (Linköping University)

  • Hans Löfsten

    (Chalmers University of Technology)

Abstract

One aspect of Science Parks development that has come into focus is the attraction of talent, which could include attracting specific expertise, making it easier for firms to be established and reach skilled workers. In order to encompass different contexts, both economic and cultural, a questionnaire was sent to 120 Science Parks, of which 59 (49%) replied. The study included 22 variables, including eleven independent variables according to Science Park stakeholders and characteristics when selecting talent for tenant firms, five control variables, and six variables of Science Park success dimensions. The results show that the characteristics of talent contribute to the park’s success. Universities are the primary source of talent, and the government has a critical role in promoting collaboration between firms and universities. Therefore, park managers should promote links with local universities and the student community as well as strengthen their relationship with government representatives at all levels to receive the necessary support for park development.

Suggested Citation

  • Eduardo Cadorin & Magnus Klofsten & Hans Löfsten, 2021. "Science Parks, talent attraction and stakeholder involvement: an international study," The Journal of Technology Transfer, Springer, vol. 46(1), pages 1-28, February.
    • Handle: RePEc:kap:jtecht:v:46:y:2021:i:1:d:10.1007_s10961-019-09753-w
    DOI: 10.1007/s10961-019-09753-w
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    Cited by:

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    2. Sirirat Sae Lim & Hong Ngoc Nguyen & Chia-Li Lin, 2022. "Exploring the Development Strategies of Science Parks Using the Hybrid MCDM Approach," Sustainability, MDPI, vol. 14(7), pages 1-29, April.
    3. Vidit Mohan & Rohan Chinchwadkar, 2022. "Technology Business Incubation: A Literature Review and Gaps," International Journal of Global Business and Competitiveness, Springer, vol. 17(1), pages 53-63, June.
    4. Marra, Mita, 2022. "Productive interactions in digital training partnerships: Lessons learned for regional development and university societal impact assessment," Evaluation and Program Planning, Elsevier, vol. 95(C).
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    6. Hülya Ünlü & Serdal Temel & Kristel Miller, 2023. "Understanding the drivers of patent performance of University Science Parks in Turkey," The Journal of Technology Transfer, Springer, vol. 48(3), pages 842-872, June.

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    More about this item

    Keywords

    Science Parks; Talent attraction; Technology-based firms; Success factors; Policy;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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