The effect of science and technology parks on tenant firms: a literature review

Alberto Albahari (), Andrés Barge-Gil, Salvador Pérez-Canto () and Paolo Landoni ()
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Alberto Albahari: Universidad de Málaga
Salvador Pérez-Canto: Universidad de Málaga
Paolo Landoni: Politecnico Di Torino

The Journal of Technology Transfer, 2023, vol. 48, issue 4, No 14, 1489-1531

Abstract: Abstract Science and technology parks (STPs) are non-spontaneous agglomerations aimed at encouraging the formation and growth of on-site technology and knowledge-based firms. STPs have diffused worldwide, attracting significant, and often public, investment. However, there are contrasting evidence and insights on the effectiveness of these local development, technology and innovation policy tools. This paper provides a comprehensive and systematic review of the STP literature (221 papers, 1987–2021), focusing especially on quantitative papers aimed at assessing the park effect on tenant’s performance. We perform an in-depth quantitative analyses, which allows us to go beyond the inconclusiveness reported in previous review papers, showing that the likelihood of finding positive STP effects increases considerably with sample size. We discuss the limitations of this literature and offer some suggestions for future research.

Keywords: Science and technology parks; Systematic literature review; Impacts; Effects on firms; Heterogeneous effects (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (4)

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DOI: 10.1007/s10961-022-09949-7

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