Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for Spain

The aim of this work is to analyse the heterogeneous effect of Science and Technology Parks (STPs) on firms’ innovation outcomes, contingent on firms’ size and innovation effort. Despite the worldwide diffusion of STPs and the increasing literature aimed at analysing their effect on tenants’ perform...

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Detalles Bibliográficos
Autores: Vásquez-Urriago, Ángela Rocio, Barge Gil, Andrés, Modrego Rico, Aurelia
Tipo de recurso: artículo
Fecha de publicación:2016
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/23631
Acceso en línea:https://hdl.handle.net/20.500.14352/23631
Access Level:acceso abierto
Palabra clave:O25
L25
R53
Science and Technology Parks
Heterogeneous treatment effects
Product innovation
Firms’ internal innovation capabilities
Size.
Economía regional
Empresas
Economía industrial
5311 Organización y Dirección de Empresas
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oai_identifier_str oai:docta.ucm.es:20.500.14352/23631
network_acronym_str ES
network_name_str España
repository_id_str
spelling Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for SpainVásquez-Urriago, Ángela RocioBarge Gil, AndrésModrego Rico, AureliaO25L25R53Science and Technology ParksHeterogeneous treatment effectsProduct innovationFirms’ internal innovation capabilitiesSize.Economía regionalEmpresasEconomía industrial5311 Organización y Dirección de EmpresasThe aim of this work is to analyse the heterogeneous effect of Science and Technology Parks (STPs) on firms’ innovation outcomes, contingent on firms’ size and innovation effort. Despite the worldwide diffusion of STPs and the increasing literature aimed at analysing their effect on tenants’ performance, empirical evidence on the heterogeneous effect of STPs’ location on different firms is very scarce. We use information for a representative sample of 39,722 Spanish firms, 653 of them located on 22 of the 25 official Spanish STP. Results show, on the one hand, that firm size is negatively related to an STP location effect and, on the other, that only a small amount of internal innovation effort is required to achieve a very high return from park location. However, firms without innovation efforts do not benefit from a park location. Finally, as internal innovation efforts increase, the park effect reduces, but is still at a high level.Oxford University PressUniversidad Complutense de Madrid20162016-01-0120162016-01-01journal articlehttp://purl.org/coar/resource_type/c_6501info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/20.500.14352/23631reponame:Docta Complutenseinstname:Universidad Complutense de Madrid (UCM)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2info:eu-repo/semantics/openAccessoai:docta.ucm.es:20.500.14352/236312026-06-02T12:44:21Z
dc.title.none.fl_str_mv Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for Spain
title Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for Spain
spellingShingle Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for Spain
Vásquez-Urriago, Ángela Rocio
O25
L25
R53
Science and Technology Parks
Heterogeneous treatment effects
Product innovation
Firms’ internal innovation capabilities
Size.
Economía regional
Empresas
Economía industrial
5311 Organización y Dirección de Empresas
title_short Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for Spain
title_full Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for Spain
title_fullStr Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for Spain
title_full_unstemmed Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for Spain
title_sort Which firms benefit more from being located in a Science and Technology Park? Empirical evidence for Spain
dc.creator.none.fl_str_mv Vásquez-Urriago, Ángela Rocio
Barge Gil, Andrés
Modrego Rico, Aurelia
author Vásquez-Urriago, Ángela Rocio
author_facet Vásquez-Urriago, Ángela Rocio
Barge Gil, Andrés
Modrego Rico, Aurelia
author_role author
author2 Barge Gil, Andrés
Modrego Rico, Aurelia
author2_role author
author
dc.contributor.none.fl_str_mv Universidad Complutense de Madrid
dc.subject.none.fl_str_mv O25
L25
R53
Science and Technology Parks
Heterogeneous treatment effects
Product innovation
Firms’ internal innovation capabilities
Size.
Economía regional
Empresas
Economía industrial
5311 Organización y Dirección de Empresas
topic O25
L25
R53
Science and Technology Parks
Heterogeneous treatment effects
Product innovation
Firms’ internal innovation capabilities
Size.
Economía regional
Empresas
Economía industrial
5311 Organización y Dirección de Empresas
description The aim of this work is to analyse the heterogeneous effect of Science and Technology Parks (STPs) on firms’ innovation outcomes, contingent on firms’ size and innovation effort. Despite the worldwide diffusion of STPs and the increasing literature aimed at analysing their effect on tenants’ performance, empirical evidence on the heterogeneous effect of STPs’ location on different firms is very scarce. We use information for a representative sample of 39,722 Spanish firms, 653 of them located on 22 of the 25 official Spanish STP. Results show, on the one hand, that firm size is negatively related to an STP location effect and, on the other, that only a small amount of internal innovation effort is required to achieve a very high return from park location. However, firms without innovation efforts do not benefit from a park location. Finally, as internal innovation efforts increase, the park effect reduces, but is still at a high level.
publishDate 2016
dc.date.none.fl_str_mv 2016
2016-01-01
2016
2016-01-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/20.500.14352/23631
url https://hdl.handle.net/20.500.14352/23631
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Oxford University Press
publisher.none.fl_str_mv Oxford University Press
dc.source.none.fl_str_mv reponame:Docta Complutense
instname:Universidad Complutense de Madrid (UCM)
instname_str Universidad Complutense de Madrid (UCM)
reponame_str Docta Complutense
collection Docta Complutense
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1869425522852757504
score 15,301603

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