Cultivating Innovation in Parks

Andrés Rodríguez-Pose and Daniel Hardy ()
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Daniel Hardy: London School of Economics

Chapter Chapter 4 in Technology and Industrial Parks in Emerging Countries, 2014, pp 23-28 from Springer

Abstract: Abstract If technology and industrial parks are to deliver in emerging countries, there are important lessons to be learned from the experiences of industrialised and newly industrialised economies, which have a much more extensive experience in their use. In contrast to emerging contexts, the viability and efficiency of parks in more developed economies has been hotly debated. The empirical literature has tended to underscore the variegated successes of parks in even the most promising territories. It has also illustrated a number of key stumbling blocks that have resulted in ‘high tech fantasies’ (Massey et al. 1992), isolated entrepôts of low-technology production that contribute little to fulfil their stated goals, and simply property-based initiatives with no development dimension. The reality is that the vast majority of the successful and innovative clusters that we see today are the result of serendipitous events, and have frequently evolved from spontaneous, chance concentrations of economic activity. This suggests that whilst policies like technology and industrial parks may face difficulties building innovative environments from scratch, they can potentially play a leading role in shaping the evolution and progress of a particular regional innovation system, where they exist. In emerging countries, these locations are likely to be few and far between.

Keywords: Science and technology parks; Industrial parks; Linkages and networking for innovation; Optimum environments for innovation; Foreign direct investment; Trade (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/978-3-319-07992-9_4

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