Technology transfer as a driver for location of R&D active firms on science parks

Abstract

In a knowledge-based economy R&D activities are central. Since knowledge is more distributed, the need for networking between agents becomes essential. In innovation systems, all actors interact to source external knowledge, posing new challenges to science parks’ missions. Networking leads to a new interpretation of the supporting role of science parks. Networking activities are largely localised and create hotspots for innovative activities. Science parks are among the most tangible strategic projects in science policy. This paper sheds light on the extent to which science parks help to favour technology transfer. Using firm level data, the role of science parks is screened. Especially high tech service companies are located on science parks, as are firms that deploy activities that are information intensive and science based. On-park firms refer to a larger extent to technology transfer linked drivers for their location, compared to off-park firms.