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Science and technology parks and cooperation for innovation: Empirical evidence from Spain

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  • Vásquez-Urriago, Ángela Rocío
  • Barge-Gil, Andrés
  • Modrego, Aurelia

Abstract

Science and Technology Parks (STPs) are one of the most important regional innovation policy initiatives. Previous studies show that location in a Park promotes cooperation for innovation but have not investigated if they help to achieve better results from cooperation. We extend previous literature by analyzing how STPs influence the results of cooperation of Park firms and how this influence is channelled. We rely on a much larger sample of firms and STPs than previous studies and account for selection bias and endogeneity when these problems arise. Results show that location in a STP increases the likelihood of cooperation for innovation and the intangible results from cooperation with the main innovation partner, mainly due to the higher diversity of the relationship.

Suggested Citation

  • Vásquez-Urriago, Ángela Rocío & Barge-Gil, Andrés & Modrego, Aurelia, 2012. "Science and technology parks and cooperation for innovation: Empirical evidence from Spain," MPRA Paper 39572, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:39572
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    More about this item

    Keywords

    Science and technology parks; cooperation; innovation; effect; agglomerations;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

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