Science parks, knowledge spillovers, and firms' innovative performance: evidence from Finland

No 2009-32, Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: The paper focuses on the role of Science Parks (SPs) as seedbeds of innovation. It investigates whether and to what extent locating inside a science park relates to the innovative output of tenant firms. The simple assessment methodology proposed relies on count data models, uses patents as innovation performance indicators, and exploits original data regarding the Finnish science parks, their main characteristics, and the data of 252 SP tenant firms, including their patenting activity over the period 19702002. Among other results, the study suggests that both within and among SPs interaction and spillover effects exist, and points out the way in which they relate to firms' innovative output. Results are robust to controlling for the existence of innovation lags. Parks' first mover disadvantages also emerge, as well as non-negligible matching phenomena whereby firms' and parks' characteristics matter jointly.

Keywords: Science Parks; knowledge spillovers; innovation; patents; firm performance (search for similar items in EconPapers)
JEL-codes: L29 O32 O38 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-cse, nep-ent, nep-geo, nep-ino, nep-ipr, nep-pr~, nep-knm, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.economics-ejournal.org/economics/discussionpapers/2009-32
https://www.econstor.eu/bitstream/10419/27730/1/604544006.PDF (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwedp:200932

Access Statistics for this paper

More papers in Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().