Publication Type

Journal Article

Publication Date

2005

Abstract

This paper analyzes the question: What does it take for science parks and technology districts to evolve and grow? We propose an analytical framework to examine the gestation, evolution, and sustainability of science parks and related but broader regional phenomena such as technology districts. The framework comprises three aspects of a science park's development: growth mechanisms, level of technological capabilities, and nature of its integration with national or global markets. The main growth mechanisms we identify are government-led infrastructure provision, agglomeration effects, and continual self-renewal through the creation of new businesses. We apply this framework to analyze Singapore's science park strategy and the recent One-North initiative.

Keywords

Science parks; Silicon Valley; Hsinchu; Cambridge; Singapore

Discipline

Econometrics

Research Areas

Applied Microeconomics

Publication

Journal of Business Venturing

Volume

20

Issue

2

First Page

217

Last Page

239

ISSN

0883-9026

Identifier

10.1016/j.jbusvent.2003.12.002

Publisher

Elsevier

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Additional URL

http://dx.doi.org/10.1016/j.jbusvent.2003.12.002

Included in

Econometrics Commons

Share

COinS