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Science Park Location and New Technology-Based Firms in Sweden--Implications for Strategy and Performance

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  • Lindelof, Peter
  • Lofsten, Hans

Abstract

One logical way to assess the performance of Science Parks is to compare the performance of their firms to similar firms not located there. A total of 273 new technology-based firms (NTBFs) were surveyed, of which 134 were on a Science Park and 139 were not on a park. There were significant differences in the means of strategy dimensions between the on-Park and off-Park firms. It can be seen that the NTBFs who located in Science Parks showed significantly greater emphasis on firm characteristics as innovation ability, competitor- and market-orientation, sales and employment growth, high profits etc. The differences indicates a slight advantage for the Science Park firms. The off-Park sample reported proximity to other firms to be of higher importance than the on-Park sample in their choice of location. However, these differences do not show any clear pattern, making it difficult to understand if NTBFs who locate on Science Parks are systematically looking for something different in their location. Copyright 2003 by Kluwer Academic Publishers

Suggested Citation

  • Lindelof, Peter & Lofsten, Hans, 2003. "Science Park Location and New Technology-Based Firms in Sweden--Implications for Strategy and Performance," Small Business Economics, Springer, vol. 20(3), pages 245-258, May.
    • Handle: RePEc:kap:sbusec:v:20:y:2003:i:3:p:245-58
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    Cited by:

    1. Bai, Xue-Jie & Yan, Wen-Kai & Chiu, Yung-Ho, 2015. "Performance evaluation of China's Hi-tech zones in the post financial crisis era — Analysis based on the dynamic network SBM model," China Economic Review, Elsevier, vol. 34(C), pages 122-134.
    2. Areti Gkypali & Vasileios Kokkinos & Christos Bouras & Kostas Tsekouras, 2016. "Science parks and regional innovation performance in fiscal austerity era: Less is more?," Small Business Economics, Springer, vol. 47(2), pages 313-330, August.
    3. J. Piet Hausberg & Sabrina Korreck, 2020. "Business incubators and accelerators: a co-citation analysis-based, systematic literature review," The Journal of Technology Transfer, Springer, vol. 45(1), pages 151-176, February.
    4. Henrekson, Magnus & Stenkula, Mikael, 2009. "Entrepreneurship and Public Policy," Working Paper Series 804, Research Institute of Industrial Economics.
    5. Fredrik Sjöholm & Nannan Lundin, 2010. "The Role of Small Firms in the Technology Development of China," The World Economy, Wiley Blackwell, vol. 33(9), pages 1117-1139, September.
    6. Fukugawa, Nobuya, 2006. "Science parks in Japan and their value-added contributions to new technology-based firms," International Journal of Industrial Organization, Elsevier, vol. 24(2), pages 381-400, March.

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