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The role of science and technology parks as firm growth boosters: an empirical analysis in Catalonia

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  • Josep-Maria Arauzo-Carod
  • Agustí Segarra-Blasco
  • Mercedes Teruel

Abstract

The role of science and technology parks as firm growth boosters: an empirical analysis in Catalonia. Regional Studies. This paper contributes to an understanding of the role played by science and technology parks (STPs) in fostering the growth of firms. Applying a matching procedure, we obtained a database of 170 in-park firms, together with 7190 out-park firms. After applying a fixed-effects quantile regression, the results showed that being located in an STP has a dual effect on firm performance. Although the location in an STP has a positive effect for high-growth firms, it has a negative effect for low-growth firms. Furthermore, among all STPs, the effect for science parks is stronger than that for technological parks.

Suggested Citation

  • Josep-Maria Arauzo-Carod & Agustí Segarra-Blasco & Mercedes Teruel, 2018. "The role of science and technology parks as firm growth boosters: an empirical analysis in Catalonia," Regional Studies, Taylor & Francis Journals, vol. 52(5), pages 645-658, May.
    • Handle: RePEc:taf:regstd:v:52:y:2018:i:5:p:645-658
    DOI: 10.1080/00343404.2018.1447098
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    Citations

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    Cited by:

    1. Margarida Madaleno & Max Nathan & Henry Overman & Sevrin Waights, 2022. "Incubators, accelerators and urban economic development," Urban Studies, Urban Studies Journal Limited, vol. 59(2), pages 281-300, February.
    2. Alberto Albahari & Andrés Barge-Gil & Salvador Pérez-Canto & Paolo Landoni, 2023. "The effect of science and technology parks on tenant firms: a literature review," The Journal of Technology Transfer, Springer, vol. 48(4), pages 1489-1531, August.
    3. Eva Coll‐Martínez & Elisenda Jové‐Llopis & Mercedes Teruel, 2022. "The city of start‐ups: Location determinants of start‐ups in emergent industries in Barcelona," Growth and Change, Wiley Blackwell, vol. 53(2), pages 972-1007, June.
    4. Agustí Segarra-Blasco & Josep-Maria Arauzo-Carod & Mercedes Teruel, 2018. "Innovation and geographical spillovers: new approaches and empirical evidence," Regional Studies, Taylor & Francis Journals, vol. 52(5), pages 603-607, May.
    5. Carles Méndez-Ortega & Mercedes Teruel, 2020. "To acquire or not to acquire: the effects of acquisitions in the software industry," Journal of Evolutionary Economics, Springer, vol. 30(3), pages 793-814, July.
    6. Jan Ženka & Luděk Krtička & Lenka Paszová & Tereza Pundová & Kateřina Rudincová & Simona Šťastná & Veronika Svetlíková & Jan Matula, 2021. "Micro-Geographies of Information and Communication Technology Firms in a Shrinking Medium-Sized Industrial City of Ostrava (Czechia)," Land, MDPI, vol. 10(7), pages 1-26, July.
    7. Taiane Quaresma Leite & André Luis Silva & Joaquim Ramos Silva & Sérgio Evangelista Silva, 2023. "A Multilevel Analysis of the Interaction Between Science Parks and External Agents: a Study in Brazil and Portugal," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1790-1829, June.
    8. Laspia, Alessandro & Sansone, Giuliano & Landoni, Paolo & Racanelli, Domenico & Bartezzaghi, Emilio, 2021. "The organization of innovation services in science and technology parks: Evidence from a multi-case study analysis in Europe," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    9. Chen, Wei & Su, Zhi & Wang, Yanan & Wang, Qian & Zhao, Guoli, 2022. "Do the rank difference of industrial development zones affect land use efficiency? A regional analysis in China," Socio-Economic Planning Sciences, Elsevier, vol. 80(C).
    10. Júlio Paulo Silva Martins & María Jesús Rodríguez-Gulías & David Rodeiro-Pazos & Raul Rios-Rodríguez, 2024. "Does the Location in Science and Technology Parks Foster the Employment Growth of Firms?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 9538-9555, June.

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