Science Parks and Local Knowledge Creation: A Conceptual Approach and an Empirical Analysis in Two Italian Realities
Roberta Capello and
Andrea Morrison
Chapter Chapter 13 in New Directions in Regional Economic Development, 2009, pp 221-245 from Springer
Abstract:
Abstract Thanks to their ability to perform knowledge-related tasks such as diffusing knowledge locally, promoting high-tech firms, establishing links between knowledge-creating bodies (e.g. universities, research centers) and knowledge-exploiting bodies (e.g. public and private firms, local institutions), science parks have long been considered efficient instruments of industrial and regional policy (Jones 1996; Martin 1997). They were expected to enhance the diffusion of new and advanced technologies/knowledge among firms, and consequently boost the competitiveness of firms and regions. At present, a significant number of studies show that most science parks have failed to perform their intended function (Appold 2004; Massey et al. 1992; Quintas et al. 1992; Vedovello 1997). Many reasons have been attributed to this failure. An important reason is the erroneous and misleading belief that simple geographical proximity between sources of knowledge and local firms is sufficient to foster the widespread spatial diffusion of information, technologies and new ideas (Macdonald 1987; Vedovello 1997). Another reason is the peculiar governance structure of science parks: in fact they may address as many objectives as there are main stakeholders, which in turn may lead to inconsistent policies (Monk et al. 1988; Löfsten and Lindelöf 2002).
Keywords: Small Firm; Absorptive Capacity; Knowledge Spillover; Local Firm; Local Labor Market (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1007/978-3-642-01017-0_13
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