Do firms located in science and technology parks enhance innovation performance? The effect of absorptive capacity

Fernando Ubeda (), Marta Ortiz- de-Urbina-Criado () and Eva-María Mora-Valentín ()
Additional contact information
Fernando Ubeda: Universidad Autónoma de Madrid
Marta Ortiz- de-Urbina-Criado: Universidad Rey Juan Carlos
Eva-María Mora-Valentín: Universidad Rey Juan Carlos

The Journal of Technology Transfer, 2019, vol. 44, issue 1, No 2, 48 pages

Abstract: Abstract This paper shows that the effect of location in science and technology parks is not homogeneous for all firms. The proposed model contemplates a non-linear relationship between belonging to a science and technology park and innovation performance, considering the firm’s absorptive capacity as a moderating variable. A panel dataset of firms located both in and off a park is created, and three main effects are identified. Pre-catching up firms have a low absorptive capacity, and their location in a science and technology park does not improve their innovation performance. Catching up firms have a medium absorptive capacity and constitute the group that can be observed to benefit more by their presence in a science and technology park. Additionally, pre-frontier sharing firms has a high absorptive capacity; however, knowledge duplicity reduces the impact of science and technology parks on their innovation performance. Findings arise practical implications for governments (how to assign public resources to parks?), managers of parks (how to select to the firms of a park?) and managers who need to decide about the convenience of locating their companies on a park (when my company is interested in locating in a park?).

Keywords: Science park; Technology park; Innovation performance; Absorptive capacity; Non-linear relationship (search for similar items in EconPapers)
JEL-codes: M15 O32 O39 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://link.springer.com/10.1007/s10961-018-9686-0 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jtecht:v:44:y:2019:i:1:d:10.1007_s10961-018-9686-0

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10961/PS2

DOI: 10.1007/s10961-018-9686-0

Access Statistics for this article

The Journal of Technology Transfer is currently edited by Albert N. Link, Donald S. Siegel, Barry Bozeman and Simon Mosey

More articles in The Journal of Technology Transfer from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().