Universidad Complutense de Madrid
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Science and Technology Parks and cooperation for innovation: Empirical evidence from Spain

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Vásquez-Urriago, Ángela Rocio and Barge Gil, Andrés and Modrego Rico, Aurelia (2016) Science and Technology Parks and cooperation for innovation: Empirical evidence from Spain. Research Policy, 45 (1). pp. 137-147. ISSN 0048-7333

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Official URL: http://dx.doi.org/10.1016/j.respol.2015.07.006



Abstract

Science and Technology Parks (STPs) are one of the most important innovation policy initiatives. Previous studies show that location in a park promotes cooperation for innovation, but do not investigate whether this cooperation produces better results. We extend this literature by analyzing the effect of location on an STP on the results of cooperation for innovation and the mechanism facilitating this effect. We rely on a much larger sample of firms and STPs than previous studies, and, where necessary, accountfor selection bias and endogeneity. The results show that location in an STP increases the likelihood of cooperation for innovation, and the intangible benefits of cooperation with the main innovation partner, due mainly to a more diverse relationship.


Item Type:Article
Uncontrolled Keywords:Science and Technology Parks: Cooperation; Innovation; Effect; Agglomerations.
Subjects:Sciences > Mathematics > Operations research
Social sciences > Economics > Economic cooperation
ID Code:55766
Deposited On:12 Jun 2019 11:57
Last Modified:17 Jun 2019 11:53

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