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The instrumentation of science parks: an integrative framework of enabling factors

Angel Meseguer-Martinez (Department of Business Administration, University of Castilla-La Mancha, Toledo, Spain)
Simona Popa (Department of Financial Economics and Accounting, University of Murcia, Murcia, Spain)
Pedro Soto-Acosta (Department of Management and Finance, University of Murcia, Murcia, Spain)

Journal of Intellectual Capital

ISSN: 1469-1930

Article publication date: 5 May 2020

Issue publication date: 17 February 2021

382

Abstract

Purpose

Research on Science parks (SPs) has attracted a growing interest in the last decades. This widespread innovation policy initiative pursues technology-based industrial and entrepreneurial growth through business development and technology transfer across new and mature firms. Despite the common agreement on SPs' potential benefits, literature have showed mixed results regarding the performance of SPs. To explain this findings, current research pointed out at the lack of a common guiding framework. To cover this knowledge gap, this manuscript proposes an integrative definition and research model together with a multidimensional measurement instrument suitable to encompass the diverse reality of this global phenomenon.

Design/methodology/approach

Based on a systematic literature review of 281 indexed journal articles published between 1990 and 2018, the paper provides an integrative framework of enabling factors of SPs' performance.

Findings

The results illustrate an integrative conceptual framework of SPs that allows further comparison and generalization of research. At the same time, this manuscript provides valuable insights for managers and entrepreneurs as it conveys a standardized view of SPs' internal context useful for benchmarking.

Originality/value

Grounded in the resource-based view (RBV), the paper conducts a thorough literature review to develop an integrative research model featuring three value streams: physical infrastructures, formal links and support services. In addition, a multidimensional measurement tool to operationalize these three dimensions is proposed.

Keywords

Citation

Meseguer-Martinez, A., Popa, S. and Soto-Acosta, P. (2021), "The instrumentation of science parks: an integrative framework of enabling factors", Journal of Intellectual Capital, Vol. 22 No. 1, pp. 24-56. https://doi.org/10.1108/JIC-11-2019-0264

Publisher

:

Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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