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Science Parks and Business Incubation in the United Kingdom: Evidence from University Spin-Offs and Staff Start-Ups

In: Science and Technology Parks and Regional Economic Development

Author

Listed:
  • David B. Audretsch

    (Indiana University Bloomington)

  • Maksim Belitski

    (Henley Business School, University of Reading)

Abstract

The purpose of this study is to fill the theoretical and empirical gaps in the literature, by providing the quantitative evidence on the effect of science parks and business incubators on university entrepreneurial outcomes in the United Kingdom during 2009–2016 for 131 public universities. An important dimension of our analysis is that we empirically demonstrate that science parks and incubators, and in particular on campus, are able to enhance entrepreneurship outcomes at university and their ability to assist new ventures created by university professors (start-ups) and using university technology (spin-offs). Several implications of this study are offered to policy makers, science park managers, and entrepreneurs in this chapter.

Suggested Citation

  • David B. Audretsch & Maksim Belitski, 2019. "Science Parks and Business Incubation in the United Kingdom: Evidence from University Spin-Offs and Staff Start-Ups," Palgrave Advances in Economics of Innovation and Technology, in: Sara Amoroso & Albert N. Link & Mike Wright (ed.), Science and Technology Parks and Regional Economic Development, chapter 0, pages 99-122, Palgrave Macmillan.
    • Handle: RePEc:pal:paiecp:978-3-030-30963-3_7
    DOI: 10.1007/978-3-030-30963-3_7
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    Citations

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    Cited by:

    1. Daniel Prokop & Piers Thompson, 2023. "Defining networks in entrepreneurial ecosystems: the openness of ecosystems," Small Business Economics, Springer, vol. 61(2), pages 517-538, August.
    2. Sohail, Kanza & Belitski, Maksim & Castro Christiansen, Liza, 2023. "Developing business incubation process frameworks: A systematic literature review," Journal of Business Research, Elsevier, vol. 162(C).
    3. Lee, Kyootai & Jung, Hyun Ju, 2021. "Does TTO capability matter in commercializing university technology? Evidence from longitudinal data in South Korea," Research Policy, Elsevier, vol. 50(1).
    4. Nebojša Stojčić & Korneliusz Pylak & Dubravka Jurlina Alibegović, 2022. "The spatial impact of entrepreneurial zones: firm, city and inter-city evidence," Regional Studies, Taylor & Francis Journals, vol. 56(12), pages 2164-2176, December.
    5. David Bruce Audretsch & Maksim Belitski & Rosa Caiazza, 2021. "Start-ups, Innovation and Knowledge Spillovers," The Journal of Technology Transfer, Springer, vol. 46(6), pages 1995-2016, December.
    6. 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.
    7. 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.
    8. Bijedić, Teita & Schröder, Christian & Werner, Arndt & Chen, Xiangyu, 2023. "How do working conditions, network relationships, and institutional support offers effect entrepreneurial intentions of German university scientists?," Technovation, Elsevier, vol. 123(C).

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