U.S. University Research Parks

Posted: 9 Nov 2009

See all articles by Albert Link

Albert Link

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

John T. Scott

affiliation not provided to SSRN

Date Written: 2006

Abstract

The role of research parks in the transfer of academicresearch findings is considered. A model is offered that describes the growthand productivity of research parks using data from the new National ScienceFoundation database on university research parks. The data covered the years 1997 and 2002, andwere supplemented bysurvey interviews with park directors and university research administrators. Anumber of definitions of research parks are offered to establish the on or offcampus location and public or private operators as variables. The model of park growth created offers evidence that park formationsincrease R&D efficiency (using park growth as a measure of parkproductivity or success). The findings indicate that parks located closer to auniversity, operated by private organizations, and having a determinedtechnology focus usually grow faster than the average (8.4%)annual growthof research parks. For the 81 existing university parks and 27 additional parks currentlyplanned, it is estimated that the average annual rate of growth decreases overtime for both private and university-operated parks. The findings also suggestthat, as technology transfer activities at universities increase, moreuniversities are likely to imitate the infrastructure success of thoseuniversities with established parks. (CBS)

Keywords: Research parks, Technology transfer, Academic research, Colleges & universities, University-industry relations

Suggested Citation

Link, Albert N. and Scott, John T., U.S. University Research Parks (2006). University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship, Available at SSRN: https://ssrn.com/abstract=1502500

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)

John T. Scott

affiliation not provided to SSRN

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