Díez Vial, IsabelMontoro Sánchez, María Ángeles2023-06-182023-06-182016-040166-497210.1016/j.technovation.2015.09.001https://hdl.handle.net/20.500.14352/23608The objective of this research is to evaluate how technological knowledge flows from universities may increase innovation by firms located in a science park. We propose that firms with the capacity to acquire and assimilate the knowledge provided by universities, mainly due to being academic spin-offs or having long-term relationships with them, receive more knowledge from universities. We also argue that firms located in central positions inside the local firm-network have access to a complementary source of technical knowledge. Empirical evidence gathered from the Madrid Science Park confirms that having long-term relationships with universities, based on both formal and informal interactions, is the most important means of obtaining technical knowledge from them. We also observed a positive relationship between the technological knowledge obtained from universities and the innovation carried out by firms. Finally, we confirmed that firms with a significant role as intermediaries between other co-located firms have a higher level of innovation even if they are not involved in relationships with the universityengjournal articlehttp://dx.doi.org/10.1016/j.technovation.2015.09.001restricted access378:658NetworksScience parkKnowledgeAcademic spin-offInnovationPotential absorptive capacityDesarrollo económicoEmpresasEnseñanza universitaria5307.03 Modelos y Teorías del desarrollo Económico5307.04 Estudios del desarrollo Económico5311 Organización y Dirección de Empresas5801.08 Enseñanza Programada