Su m m ary. This study exp lores the p erceived bene® ts of a scien ce park location in the U K for ind epend ent tech nology-b ased ® rm s. P rop erty needs of independent scien ce park s ® rm s were com p ared with the prop erty needs of a`con trol' grou p of sim ilar ® rm s located off-p ark . Factors w hich in¯uenced ow ner-m anagers to locate their ven tures on a scien ce park or an off-p ark location were ascertai ned. Further, the perceived ben e® ts of selected location s were exp lored . Conclusion s and im plication s for policy-m akers and practitio ners are detailed .
Discusses the contributions to economic theory by various authors and covers popular beliefs about entrepreneurial function. Analyses the potential contribution of Shackle to the development of entrepreneurial theory and outlines key elements of his theory. Concludes that a better understanding of Shackle’s decision‐making theory is useful, particularly now there is renewed interest in entrepreneurship.
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