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Journal article Open Access Scopus Source The journal / series is indexed in Scopus (SCImago list). The article itself has not been verified. 1 Citations Quartil Q3

THE ROLE OF SCIENCE AND TECHNOLOGY PARKS IN THE GROWTH OF SALES OF PORTUGUESE FIRMS

Júlio Paulo da Silva Martins , María Jesús Rodríguez-Gulías , David Rodeiro-Pazos , Raul Rios-Rodríguez
ISLA — Instituto Politécnico de Gestão e Tecnologia
Revista de Administração de Empresas, 2023
DOI: 10.1590/s0034-759020230601x

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Abstract
ABSTRACT The role of science and technology parks (STPs) in economic development, and in particular in the growth of the firms, has received considerable attention from government policies in different countries. However, there is no consensus in the literature on whether the location in these parks has positive effects on firms’ sales growth. This paper aims to extend the discussion on the effects of STPs by providing new empirical evidence. With this purpose, we use a sample of 553 Portuguese companies located in these infrastructures and a control sample of the same size. We use the Propensity Score Matching Procedure to match the samples and the analysis is carried out by the Generalized Method of Moments in dynamic panel data. The empirical analysis does not prove any statistically significant effect of the location of the firms in science and technology parks on their growth in sales.

Keywords

#science parks #location effects #economic development policy #Portuguese companies #innovation infrastructure #regional economic development #Portuguese #Sample (material) #Matching (statistics) #Government (linguistics) #Panel data #Propensity score matching #Control (management) #Marketing

Bibliographic Details

Publication Type Journal article
Publication Year 2023
Journal / Conference / Work Revista de Administração de Empresas
Quartile (SCImago) Q3
Scopus Indexing Indexed source (via SCImago)

ISLA Authors & Affiliations

J
Júlio Paulo da Silva Martins
julio.martins@islagaia.pt ID: 6719-810A-99BB
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