RT Journal Article
T1 Knowledge spillovers in science and technology parks: how can firms benefit most?
A1 Díez Vial, Isabel
A1 Fernández Olmos, Marta
AB This research evaluates the role of science and technology parks as locations fostering local knowledge exchange and promoting innovation. We consider that these knowledge externalities depend on firms’ internal efforts and strategies, since their capacity to understand and exploit others’ knowledge depends on their own knowledge base. Empirical evidence has been gathered from 2007 to 2011 in a longitudinal analysis on 11,201 firms in total, using a Spanish database from PITEC (Technological Innovation Panel). Results of a two Tobit models with random effects, confirm our hypotheses. First, firms with previous cooperation agreements with universities and research institutions would benefit most from the park as they can more easily incorporate existing knowledge in the park and improve their product innovation. Secondly, results also seem to indicate that product innovation is higher when firms with internal R&D efforts can share knowledge on a reciprocal basis with other firms that are also investing in R&D.
PB Kluwer Academic Publishers
SN 1573-7047
YR 2015
FD 2015
LK https://hdl.handle.net/20.500.14352/34209
UL https://hdl.handle.net/20.500.14352/34209
LA eng
NO Ministerio de Ciencia e Innovación (MICINN)
NO Grupo CREVALOR. Universidad de Zaragoza
DS Docta Complutense
RD 8 abr 2025