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Abstract
For start-ups choosing to locate in Science Parks, the physical and social environments are sources of social capital for firm founders. In this study we examine the social and physical proximity, contextual origins and application spheres of various sources of social capital available to startups prior to, and following, their choice to locate within a Science Park. Interviews are conducted with biotechnology-oriented start-up founders, specifically investigating their sources of social capital in three key phases of the firm development. We find that start-ups choose to locate in the Science Park based primarily on neo-classical location theory and social capital is primarily externally sourced with minimum involvement of the Science Park itself or with other firms located within the Science Park. The local HEI is also cited as being instrumental in sourcing and mobilising social capital.
Original language | English |
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Title of host publication | Translational twists and turns: Science as a socio-economic endeavor |
Subtitle of host publication | Proceedings of STI 2013. 18th International Conference on Science and Technology Indicators. Berlin, Germany, September 4-6, 2013 |
Editors | Sybille Hinze, André Lottmann |
Place of Publication | Berlin |
Publisher | European Network of Indicators Designers (ENID) |
Pages | 146-154 |
Number of pages | 9 |
ISBN (Print) | 1864-2799 |
Publication status | Published - Sept 2013 |
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