Stickiness unraveled

Company survival on Dutch science and technology parks

Successful science and technology parks (STPs) should positively impact networking, innovation and economic performance of companies and regions. These knowledge-intensive areas vary in knowledge anchor, ownership, size, focus and location type. As these locations are often publicly funded there is an urgency that STPs are properly developed and managed. This paper aims to explore the impact of STP characteristics on the duration of stay of resident companies on Dutch STPs, while considering heterogeneity among these companies.

Previous research has shown that the type of knowledge anchor on STPs has an impact on the duration of stay of companies. Duration of stay is relatively longer on university-based STPs compared to corporate STPs where a large corporate company functions as main anchor.

Consequently, the research question is: which STP characteristics impact the duration of stay of resident companies on Dutch STPs, while considering heterogeneity among these companies? Insights on ‘stickiness’ or survivability aids STP managers and policymakers to shape the future landscape of STP and areas of innovations.