TY - JOUR
T1 - Science parks in Japan and their value-added contributions to new technology-based firms
AU - Fukugawa, Nobuya
N1 - Funding Information:
We would like to thank the editor in chief and the anonymous referees for comments. The usual caveats apply. We also thank the Center of Excellence/Research on Economic Systems at Hitotsubashi University for having permitted the use of the Bureau van Dijk, “Japanese Account and Data on Enterprises”. Finally, we would like to acknowledge Grants-in-Aid for scientific research from the Ministry of Education, Culture, Sports, Science and Technology for supporting the research on which this paper is based.
PY - 2006/3
Y1 - 2006/3
N2 - This study investigates the value-added contributions of science parks to new technology-based firms (NTBFs). In particular, we focus on whether on-park NTBFs are likely to establish knowledge linkage, represented as joint research, with local higher education institutes (HEIs). Based on a bivariate probit model, we show that on-park NTBFs exhibit a higher propensity to engage in joint research with research institutes. However, the geographical range of knowledge linkage is not localized as hypothesized. Furthermore, no significant difference was found between science parks and other types of property-based initiatives with regard to the degree of encouragement provided to tenants to establish localized HEI linkage.
AB - This study investigates the value-added contributions of science parks to new technology-based firms (NTBFs). In particular, we focus on whether on-park NTBFs are likely to establish knowledge linkage, represented as joint research, with local higher education institutes (HEIs). Based on a bivariate probit model, we show that on-park NTBFs exhibit a higher propensity to engage in joint research with research institutes. However, the geographical range of knowledge linkage is not localized as hypothesized. Furthermore, no significant difference was found between science parks and other types of property-based initiatives with regard to the degree of encouragement provided to tenants to establish localized HEI linkage.
KW - Innovation
KW - Joint research
KW - New technology-based firms
KW - Science parks
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U2 - 10.1016/j.ijindorg.2005.07.005
DO - 10.1016/j.ijindorg.2005.07.005
M3 - Article
AN - SCOPUS:32344434490
VL - 24
SP - 381
EP - 400
JO - International Journal of Industrial Organization
JF - International Journal of Industrial Organization
SN - 0167-7187
IS - 2
ER -
