 How knowledge links with universities may foster innovation: The case of a science parkIsabel Díez-Vial and Ángeles Montoro-Sánchez Technovation, 2016, vol. 50-51, 41-52 Abstract: The objective of this research is to evaluate how technological knowledge flows from universities may increase innovation by firms located in a science park. We propose that firms with the capacity to acquire and assimilate the knowledge provided by universities, mainly due to being academic spin-offs or having long-term relationships with them, receive more knowledge from universities. We also argue that firms located in central positions inside the local firm-network have access to a complementary source of technical knowledge. Empirical evidence gathered from the Madrid Science Park confirms that having long-term relationships with universities, based on both formal and informal interactions, is the most important means of obtaining technical knowledge from them. We also observed a positive relationship between the technological knowledge obtained from universities and the innovation carried out by firms. Finally, we confirmed that firms with a significant role as intermediaries between other co-located firms have a higher level of innovation even if they are not involved in relationships with the university. Keywords: Networks; Science park; Knowledge; Academic spin-off; Innovation; Potential absorptive capacity (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:50-51:y:2016:i::p:41-52 DOI: 10.1016/j.technovation.2015.09.001 Access Statistics for this article Technovation is currently edited by Jonathan Linton More articles in Technovation from Elsevier |
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