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Independent Technology-based Firms: The Perceived Benefits of a Science Park Location

Paul Westhead

Department of Entrepreneurship, Faculty of Management, University of Stirling, Stirling, FK9 4LA, Scotland, UK, paul.westhead{at}stir.ac.uk

Stephen Batstone

Centre for Small and Medium-sized Enterprises, Warwick Business School, The University of Warwick, Coventry, CV4 7AL, UK, S.J.Batstone{at}warwick.ac.uk

This study explores the perceived benefits of a science park location in the UK for independent technology-based firms. Property needs of independent science parks firms were compared with the property needs of a 'control' group of similar firms located off-park. Factors which influenced owner-managers to locate their ventures on a science park or an off-park location were ascertained. Further, the perceived benefits of selected locations were explored. Conclusions and implications for policy-makers and practitioners are detailed.

Urban Studies, Vol. 35, No. 12, 2197-2219 (1998)
DOI: 10.1080/0042098983845
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