Science and technology parks and firm growth
Josep Maria Arauzo Carod,
Segarra Blasco, Agustí, 1958- and
Authors registered in the RePEc Author Service: Josep-Maria Arauzo-Carod ()
Working Papers from Universitat Rovira i Virgili, Department of Economics
This paper aims to contribute to understanding the role played by Science and Technology Parks in fostering firm growth. Public policies have given such parks a central role but empirical research has not come to a consensus on whether there is a link between inâ€ park location and firm growth. Applying a matching procedure to our mercantile register data we obtain a database of 286 inâ€ park firms, together with 268 outâ€ park firms. Our results show that inâ€ park firms show greater growth rates and volatility than their counterparts, but we do not find evidence of their capacity to obtain larger longâ€ term debts. Keywords: science and technology parks, firm location, firm growth. JEL codes: L25, O30, R11, R58
Keywords: Parcs tecnològics; Localització industrial; Economia regional; Empreses -- Creixement; Innovacions tecnològiques -- Aspectes econòmics; 332 - Economia regional i territorial. Economia del sòl i de la vivenda (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-cse, nep-sbm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:urv:wpaper:2072/266576
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