A Theoretical and Empirical Analysis of the Decision to Locate on a University Research Park

23 Pages Posted: 11 May 2006

See all articles by Dennis Patrick Leyden

Dennis Patrick Leyden

University of North Carolina (UNC) at Greensboro - Department of Economics

Albert Link

University of North Carolina (UNC) at Greensboro - Department of Economics

Donald S. Siegel

Arizona State University

Date Written: April 2006

Abstract

University research parks constitute a potentially important mechanism for university technology transfer and regional economic development. Unfortunately, there is little theoretical and empirical evidence on the firm-level choice decision to locate on such a facility. We fill this gap by outlining and testing a theoretical model of this selection process. Our empirical results suggest that firms locating on university research park are more research active and more diversified than observationally equivalent firms.

Keywords: Science Parks, R&D, Productivity, University Technology Transfer

JEL Classification: O32, O33, O38, L31

Suggested Citation

Leyden, Dennis Patrick and Link, Albert N. and Siegel, Donald S., A Theoretical and Empirical Analysis of the Decision to Locate on a University Research Park (April 2006). Available at SSRN: https://ssrn.com/abstract=900546 or http://dx.doi.org/10.2139/ssrn.900546

Dennis Patrick Leyden

University of North Carolina (UNC) at Greensboro - Department of Economics ( email )

Greensboro, NC 27402-6165
United States

Albert N. Link (Contact Author)

University of North Carolina (UNC) at Greensboro - Department of Economics ( email )

Greensboro, NC 27402-6165
United States
336-334-5146 (Phone)
336-334-4089 (Fax)

Donald S. Siegel

Arizona State University ( email )

411 North Central
Phoenix, AZ 85004
United States
6024961101 (Phone)

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