Science and technology parks in Italy: main features and analysis of their effects on the firms hosted

Danilo Liberati, Marco Marinucci and Giulia Martina Tanzi
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Giulia Martina Tanzi: Bank of Italy

The Journal of Technology Transfer, 2016, vol. 41, issue 4, No 4, 694-729

Abstract: Abstract We analyse the results of a survey conducted by the Bank of Italy in the spring of 2012 on Italian science and technology parks. First we describe the main features of science parks in Italy. Then we investigate whether they have been effective in improving the economic performance and innovative capacity of the firms located within them. We find a pronounced heterogeneity between science and technology parks, whose cooperation with public research institutions is characterized by physical proximity. Although the business situation of firms located in science and technology parks tends on average to be better than that of similar “non-park” firms, a difference-in-differences estimation shows that entering a science and technology park did not generally improve firms’ business performance and their propensity to innovate compared with external counterparts.

Keywords: Scientific and technology parks; Matching; Difference in differences (search for similar items in EconPapers)
JEL-codes: C31 L25 O31 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (36)

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Working Paper: Science and Technology Parks in Italy: main features and analysis of their effects on the firms hosted (2014)
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DOI: 10.1007/s10961-015-9397-8

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