New Technology-Based Firms in Science Parks - A Study of Resources and Absorptive Capacity
(2003)- Abstract
- In this thesis a strategy perspective (the resource-based view) is applied to the New Technology-Based Firms (NTBFs) in Science Parks, arguing that the Science Park provides the firms with a set of resources that if used could help them build their resource base and thus develop and grow. Three categories of resources are identified in the Science Park; University related resources, Science Park facilities, and Cluster effects.
However, not all firms use the same set of resources. Industry is one variable that explains some difference in resource use, but the firms’ configuration of management resources seems to explain to a greater extent the difference in use of Science Park resources. The NTBFs are categorised... (More) - In this thesis a strategy perspective (the resource-based view) is applied to the New Technology-Based Firms (NTBFs) in Science Parks, arguing that the Science Park provides the firms with a set of resources that if used could help them build their resource base and thus develop and grow. Three categories of resources are identified in the Science Park; University related resources, Science Park facilities, and Cluster effects.
However, not all firms use the same set of resources. Industry is one variable that explains some difference in resource use, but the firms’ configuration of management resources seems to explain to a greater extent the difference in use of Science Park resources. The NTBFs are categorised according to their management resource configurations, thus: founder oriented firms, recruitment oriented firms, and parent company oriented firms. The explanation of the difference in resource use of these three categories may be found in the concept of absorptive capacity, which states that the more knowledge and experience that is present in firms, the more knowledge can be absorbed. It appears that the NTBFs follow different strategies when it comes to absorbing resources, depending on their management resource configuration. The concept of absorptive capacity is suggested to be incorporated into the resource-based view of strategy as a concept describing the resource acquisition process.
The results concerning differences in resource use among the Science Park firms under review may imply differentiated action on the part of Science Park management in order to encourage firm development and growth. In addition, the results concerning different management resource configurations and their implications for resource use, may serve as an input to the NTBF managers in their choice of strategy. (Less) - Abstract (Swedish)
- Popular Abstract in Swedish
I forskningsparker (Science Parks) finns ett antal resurser tillgängliga för de teknologibaserade företag (NTBF) som valt att lokalisera sig i dessa parker. Om företagen använder dessa resurser kan de också lättare bygga upp den resursbas som företag behöver för att kunna utvecklas och växa. I avhandlingen har tre kategorier av forskningsparksresurser identifierats: Universitetsrelaterade resurser, Forskningsparksfaciliteter och Klustereffekter.
Emellertid använder inte alla företag samma uppsättning av forskningsparksresurser. Bransch är en variabel som förklarar vissa skillnader i resursanvändning, men företagens konfiguration av management resurser verkar i större... (More) - Popular Abstract in Swedish
I forskningsparker (Science Parks) finns ett antal resurser tillgängliga för de teknologibaserade företag (NTBF) som valt att lokalisera sig i dessa parker. Om företagen använder dessa resurser kan de också lättare bygga upp den resursbas som företag behöver för att kunna utvecklas och växa. I avhandlingen har tre kategorier av forskningsparksresurser identifierats: Universitetsrelaterade resurser, Forskningsparksfaciliteter och Klustereffekter.
Emellertid använder inte alla företag samma uppsättning av forskningsparksresurser. Bransch är en variabel som förklarar vissa skillnader i resursanvändning, men företagens konfiguration av management resurser verkar i större utsträckning förklara skillnader i vilka forskningsparksresurser företagen använder. De teknologibaserade företagen i forskningsparkerna kan kategoriseras med avseende på sina management resurser. Tre kategorier identifieras: Grundarorienterade företag, Rekryteringsorienterade företag och Moderbolagsorienterade företag. Förklaringen till varför dessa tre kategorier av företag skiljer sig åt vad gäller användande av forskningsparkens resurser kan finnas i konceptet ”absorptive capacity”, som gör gällande att ju mer kunskap och erfarenhet som finns i företaget, desto mer kunskap kan företaget ta till sig utifrån. Det verkar som företagen i forskningsparkerna följer olika strategier då det gäller att absorbera resurser beroende på konfigurationen av management resurser. ”Absorptive capacity” konceptet föreslås inkorporeras i den resursbaserade strategiteorin som en beskrivning av den process i vilken resurser anskaffas.
Resultaten beträffande skillnader i resursanvändning mellan de studerade företagen kan inspirera till differentierade erbjudanden från forskningsparkers ledningsorganisation i syfte att uppmuntra företags utveckling och tillväxt. Vidare kan resultaten beträffande olika konfigurationer av management resurser bland företagen i forskningsparker och dessa konfigurationers betydelse för resursanvändningen vara till hjälp för teknologibaserade företag i deras val av utvecklingsstrategi. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/21286
- author
- Löwegren, Marie LU
- supervisor
- opponent
-
- Professor Bjerke, Björn, Malmö university
- organization
- publishing date
- 2003
- type
- Thesis
- publication status
- published
- subject
- keywords
- economic systems, economic theory, econometrics, Economics, Management Resources, Resource-Based View, Absorptive Capacity, Science Parks, New Technology-Based Firms, economic policy, Nationalekonomi, ekonometri, ekonomisk teori, ekonomiska system, ekonomisk politik
- pages
- 336 pages
- publisher
- Lund Business Press
- defense location
- Crafoordsalen, School of Economics and Management
- defense date
- 2003-05-26 10:15:00
- ISBN
- 91-971179-7-8
- language
- English
- LU publication?
- yes
- id
- 1a7fd5c9-302b-46d9-a3b5-5aa4f6aaea93 (old id 21286)
- date added to LUP
- 2016-04-04 11:08:24
- date last changed
- 2018-11-21 21:02:54
@phdthesis{1a7fd5c9-302b-46d9-a3b5-5aa4f6aaea93,
abstract = {{In this thesis a strategy perspective (the resource-based view) is applied to the New Technology-Based Firms (NTBFs) in Science Parks, arguing that the Science Park provides the firms with a set of resources that if used could help them build their resource base and thus develop and grow. Three categories of resources are identified in the Science Park; University related resources, Science Park facilities, and Cluster effects.<br/><br>
<br/><br>
However, not all firms use the same set of resources. Industry is one variable that explains some difference in resource use, but the firms’ configuration of management resources seems to explain to a greater extent the difference in use of Science Park resources. The NTBFs are categorised according to their management resource configurations, thus: founder oriented firms, recruitment oriented firms, and parent company oriented firms. The explanation of the difference in resource use of these three categories may be found in the concept of absorptive capacity, which states that the more knowledge and experience that is present in firms, the more knowledge can be absorbed. It appears that the NTBFs follow different strategies when it comes to absorbing resources, depending on their management resource configuration. The concept of absorptive capacity is suggested to be incorporated into the resource-based view of strategy as a concept describing the resource acquisition process.<br/><br>
<br/><br>
The results concerning differences in resource use among the Science Park firms under review may imply differentiated action on the part of Science Park management in order to encourage firm development and growth. In addition, the results concerning different management resource configurations and their implications for resource use, may serve as an input to the NTBF managers in their choice of strategy.}},
author = {{Löwegren, Marie}},
isbn = {{91-971179-7-8}},
keywords = {{economic systems; economic theory; econometrics; Economics; Management Resources; Resource-Based View; Absorptive Capacity; Science Parks; New Technology-Based Firms; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik}},
language = {{eng}},
publisher = {{Lund Business Press}},
school = {{Lund University}},
title = {{New Technology-Based Firms in Science Parks - A Study of Resources and Absorptive Capacity}},
year = {{2003}},
}