Development of Science and Technology Parks in China, 1988-2008

27 Pages Posted: 26 May 2011

See all articles by Haiyang Zhang

Haiyang Zhang

affiliation not provided to SSRN

Tetsushi Sonobe

National Graduate Institute for Policy Studies

Date Written: 2011

Abstract

In order to investigate the effectiveness of science and technology industrial parks (STIPs), this study examines data on high-tech firms within and outside the STIPs in China, while paying special attention to the issues related to agglomeration and congestion. The main finding is that the negative effect of congestion on productivity is highly likely to outweigh the positive productivity effect of agglomeration economies within the STIPs but not among high-tech firms outside the STIPs. The paper also finds that the productivity of high-tech firms, whether within or outside the STIPs, are positively associated with foreign direct investment and the academic activities of local universities in the same city.

Keywords: Science and technology parks, agglomeration, congestion, China

JEL Classification: O3, O4

Suggested Citation

Zhang, Haiyang and Sonobe, Tetsushi, Development of Science and Technology Parks in China, 1988-2008 (2011). Economics: The Open-Access, Open-Assessment E-Journal, Vol. 5, 2011-6, Available at SSRN: https://ssrn.com/abstract=1853143 or http://dx.doi.org/10.5018/economics-ejournal.ja.2011-6

Haiyang Zhang (Contact Author)

affiliation not provided to SSRN ( email )

Tetsushi Sonobe

National Graduate Institute for Policy Studies ( email )

7-22-1 Roppongi
Minato-ku
Tokyo, 106-8677
Japan

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