Abstract
| Original language | English |
|---|---|
| Pages (from-to) | 45 - 71 |
| Number of pages | 27 |
| Journal | Journal of Technology Transfer |
| Volume | 33 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 2008 |
| MoE publication type | A1 Journal article-refereed |
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Keywords
- Science Parks
- Survival analysis
- Matching sample
- Patents
- Innovation
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Science Parks' tenants versus out-of-Park firms : Who innovates more? A duration model. / Squicciarini, Mariagrazia.
In: Journal of Technology Transfer, Vol. 33, No. 1, 2008, p. 45 - 71.Research output: Contribution to journal › Article › Scientific › peer-review
TY - JOUR
T1 - Science Parks' tenants versus out-of-Park firms
T2 - Who innovates more? A duration model
AU - Squicciarini, Mariagrazia
PY - 2008
Y1 - 2008
N2 - We study the successfulness of Science Parks (SPs) as seedbeds of innovation. We investigate whether SPs enhance the innovative output of their tenants and if tenants outperform comparable outside-SPs firms. We rely on original matching datasets regarding in- and out-SP Finnish firms and their patenting activity over 1970–2002. We estimate and compare the ‘before-versus-after’ hazard rates of patenting of both samples. The results suggest that, given the existence of a common tendency to slow down the pace at which all firms patent during their life cycle, Park tenants exhibit a comparatively better performance. Results are robust to various model specifications and to Wald tests performed over the pooled samples.
AB - We study the successfulness of Science Parks (SPs) as seedbeds of innovation. We investigate whether SPs enhance the innovative output of their tenants and if tenants outperform comparable outside-SPs firms. We rely on original matching datasets regarding in- and out-SP Finnish firms and their patenting activity over 1970–2002. We estimate and compare the ‘before-versus-after’ hazard rates of patenting of both samples. The results suggest that, given the existence of a common tendency to slow down the pace at which all firms patent during their life cycle, Park tenants exhibit a comparatively better performance. Results are robust to various model specifications and to Wald tests performed over the pooled samples.
KW - Science Parks
KW - Survival analysis
KW - Matching sample
KW - Patents
KW - Innovation
U2 - 10.1007/s10961-007-9037-z
DO - 10.1007/s10961-007-9037-z
M3 - Article
VL - 33
SP - 45
EP - 71
JO - Journal of Technology Transfer
JF - Journal of Technology Transfer
SN - 0892-9912
IS - 1
ER -