Independent Technology-based Firms: The Perceived Benefits of a Science Park Location

Westhead, Paul; Batstone, Stephen

doi:10.1080/0042098983845

Cited by 120 publications

(68 citation statements)

References 45 publications

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“…SPs are property-based initiatives that provide resources and services in logistical, administrative, marketing and financial areas, most of which are essential yet difficult to access for high-tech SMEs (van Dierdonck et al, 1991;Westhead and Batstone, 1998). However, recent empirical studies have led to doubts regarding the effectiveness of SPs.…”

Section: Introductionmentioning

confidence: 99%

Science Parks and the Co-location of High-tech Small- and Medium-sized Firms in China’s Shenzhen

Cheng¹,

Oort

Geertman

et al. 2013

Urban Studies

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Science parks (SPs) have received special attention as a policy tool to facilitate localised economic growth by attracting high-tech firms, especially small-and mediumsized enterprises (SMEs). The effectiveness of this strategy has been called into question. Empirical studies suggest that the benefits of SPs for high-tech firms are limited. While this debate is mainly concentrated in the US and Europe, this paper sheds light on the role of SPs in China. It is found that, despite the presence of alternatives, the locations of high-tech SMEs in the region of Shenzhen are determined by hierarchically structured and governed SPs. This finding supports the notion that SPs can play a positive role in attracting high-tech SMEs. Moreover, these effects occur in the relatively unexplored Chinese context of increasingly liberalised but governed market circumstances, where a mature innovation system is still lacking.

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Section: Introductionmentioning

confidence: 99%

Science Parks and the Co-location of High-tech Small- and Medium-sized Firms in China’s Shenzhen

Cheng¹,

Oort

Geertman

et al. 2013

Urban Studies

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“…Interestingly, the national incubators program in France has given rise to the regional distribution of incubator implementation favouring certain proximity with other regional actors and consequently networking. This may increase the possibility of information, resource and knowledge exchange (Inkpen and Tsang, 2005) and consequently innovation as a result of the combined efforts of all regional actors (Westhead and Batstone, 1998). It is noteworthy that there is a broad stream of literature on location and the relationship between innovation and/or growth and regional development.…”

Section: ----------Lnsert Figure 3 About Here -----------mentioning

confidence: 99%

Assessing the Performance of Business Incubators: Recent France Evidence

M’Chirgui¹

2012

BMR

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Based on original data collected from a recently implemented national program on incubators, this paper provides a first attempt to assess the performance of business incubators in France following their launch in 1999 and covering the period 2000-2009. The paper runs with the general believe that the jury is still out in terms of the overall effectiveness of these venture investments (Mian, 2011). The findings indicate that ten years after their creation, business incubators in France generally evolve without much difficulty and are well embedded in the regional innovation system. The findings also reveal that business incubators continue to create innovative entrepreneurial firms, however, they may need to further increase the professionalism of their activities that exhibit some limits regarding selection, business support, networking and graduation.

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“…The different definitions however also have two common denominators: science parks focus on hosting R&D active firms on the one hand, and are established in order to facilitate technology transfer between science and industry on the other. Many authors indicate that science parks are typically oriented towards young technology-based firms (Westhead and Batstone, 1998;Löfsten and Lindelöf, 2002;Löfsten, 2003, 2005;Ferguson and Olofsson, 2004) and one of the main missions of science parks is, therefore, related to the nurturing of academic firm formation (Feldman and Francis, 2003;Ferguson and Olofsson, 2004;Lindelöf and Löfsten, 2005). Bania et al (1992) argued that the technological environment of a particular park located near universities and research institutions can attract and encourage R&D active firms to populate such an area.…”

Section: Defining the Science Park's Missionmentioning

confidence: 99%

Technology transfer as a driver for location of R&D active firms on science parks

Spithoven

2015

IJIRD

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Abstract:In a knowledge-based economy R&D activities are central. Since knowledge is more distributed, the need for networking between agents becomes essential. In innovation systems, all actors interact to source external knowledge, posing new challenges to science parks' missions. Networking leads to a new interpretation of the supporting role of science parks. Networking activities are largely localised and create hotspots for innovative activities. Science parks are among the most tangible strategic projects in science policy. This paper sheds light on the extent to which science parks help to favour technology transfer. Using firm level data, the role of science parks is screened. Especially high tech service companies are located on science parks, as are firms that deploy activities that are information intensive and science based. On-park firms refer to a larger extent to technology transfer linked drivers for their location, compared to off-park firms.

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Independent Technology-based Firms: The Perceived Benefits of a Science Park Location

Cited by 120 publications

References 45 publications

Science Parks and the Co-location of High-tech Small- and Medium-sized Firms in China’s Shenzhen

Science Parks and the Co-location of High-tech Small- and Medium-sized Firms in China’s Shenzhen

Assessing the Performance of Business Incubators: Recent France Evidence

Technology transfer as a driver for location of R&D active firms on science parks

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