U.S. University Research Parks |
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Authors: | Albert N. Link John T. Scott |
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Affiliation: | (1) Department of Economics, University of North Carolina, Greensboro, Greensboro, NC, 27412;(2) Department of Economics, Dartmouth College, Hanover, NH, 03755 |
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Abstract: | University research parks are important as a mechanism for the transfer of academic research findings, as a source of knowledge spillovers, and as a catalyst for national and regional economic growth. We develop a model to describe the growth, or productivity, of research parks, and we test this model using the newly constructed National Science Foundation database on university research parks. We find that parks closer to the university, operated by a private organization, and with a specific technology focus—information technology in particular—grow faster than the average of 8.4% per year. |
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Keywords: | O33 O31 |
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