Science parks in Japan and their value-added contributions to new technology-based firms

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107 Citations (Scopus)

Abstract

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.

Original languageEnglish
Pages (from-to)381-400
Number of pages20
JournalInternational Journal of Industrial Organization
Volume24
Issue number2
DOIs
Publication statusPublished - 2006 Mar
Externally publishedYes

Keywords

  • Innovation
  • Joint research
  • New technology-based firms
  • Science parks

ASJC Scopus subject areas

  • Industrial relations
  • Aerospace Engineering
  • Economics and Econometrics
  • Economics, Econometrics and Finance (miscellaneous)
  • Strategy and Management
  • Industrial and Manufacturing Engineering

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