A Typology of University Research Park Strategies: What Parks Do and Why it Matters

Forthcoming, Journal of Engineering and Technology Management

43 Pages Posted: 10 Jan 2018

See all articles by Ian P. McCarthy

Ian P. McCarthy

Simon Fraser University (SFU) - Beedie School of Business

Bruno Silvestre

University of Winnipeg

Andrew von Nordenflycht

Simon Fraser University (SFU) - Beedie School of Business; Massachusetts Institute of Technology (MIT) - Sloan School of Management

Shiri M. Breznitz

University of Toronto - Munk School of Global Affairs and Public Policy

Date Written: January 7, 2018

Abstract

A growing body of research examines whether and how university research parks (URPs) enhance the performance of their tenants, and foster regional innovation. As the findings in the literature are inconclusive, we argue that the URP construct requires closer conceptual examination, especially in regards to URP strategies. This paper highlights the limitations of treating URPs homogenously and theorizes how URPs’ strategies vary and arise. We develop a conceptual model, a typology, of four types of URP strategies to show how URP strategies can vary in theoretically important ways to generate URP internal and external strategic fit.

Keywords: university research parks; strategic fit; innovation; incubation; start-ups; science parks; research parks; accelerators; biotechnology

JEL Classification: M

Suggested Citation

McCarthy, Ian P. and Silvestre, Bruno and von Nordenflycht, Andrew and Breznitz, Shiri M., A Typology of University Research Park Strategies: What Parks Do and Why it Matters (January 7, 2018). Forthcoming, Journal of Engineering and Technology Management, Available at SSRN: https://ssrn.com/abstract=3097948

Ian P. McCarthy (Contact Author)

Simon Fraser University (SFU) - Beedie School of Business ( email )

8888 University Drive
Burnaby, British Columbia V5A 1S6
Canada

Bruno Silvestre

University of Winnipeg ( email )

Winnipeg, Manitoba R3B 2E9
United States

Andrew Von Nordenflycht

Simon Fraser University (SFU) - Beedie School of Business ( email )

8888 University Drive
Burnaby, British Colombia V5A 1S6
Canada

Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )

100 Main Street
E62-416
Cambridge, MA 02142
United States

Shiri M. Breznitz

University of Toronto - Munk School of Global Affairs and Public Policy ( email )

Toronto, Ontario
Canada

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