Assessing the different types of policy instruments and policy mix for commercialisation of university technologies

The effect of science and technology parks on tenant firms: a literature review

“…Fifth, many papers investigate the role played by STPs in the national and/or regional economy, focusing on several aspects. These includes the role of STPs in fostering indigenous innovation capacities strategy and increasing regional technology growth and competitiveness (Olcay & Bulu, 2016;Zeng et al, 2011;Zhang & Wu, 2012), in encouraging technological entrepreneurship (Yu et al, 2009), in playing a bridging role and facilitating knowledge transfer among various actors (Albahari et al, 2019;Balle et al, 2019;Benneworth & Ratinho, 2014;Link & Scott, 2007;Meseguer-Martinez et al, 2020;Steruska et al, 2019;Walcott, 2002;Wicaksono & Ririh, 2021), especially with universities (Aportela-Rodriguez & Pacios, 2017; Gan et al, 2021;Löfsten et al, 2020;Phongthiya et al, 2021), in fostering open innovation (Silva et al, 2020), in modernizing a country's economy and innovation system (Chen et al, 2013;Phelps & Dawood, 2014) and in financing technology (Scandizzo, 2005). When debating the effect of STPs in regional economies, particularly interesting is the case of structurally underdeveloped (del Castillo Hermosa & Barroeta, 1998;Grasland, 1992) and rural (Goldstein & Luger, 1992) regions.…”