{"title":"Sustainability performance in science and technology parks: how can firms benefit most?","authors":"Beatriz Forés, José María Fernández-Yáñez","doi":"10.1108/ejmbe-06-2023-0200","DOIUrl":null,"url":null,"abstract":"<h3>Purpose</h3>\n<p>Achieving good sustainability performance requires balancing higher economic profits with better environmental and social performance. Knowledge plays a key role in improving corporate sustainability performance, but this knowledge is becoming increasingly complex, specific and dispersed among many scientific, technological and business actors. Science and technology parks (STPs) are infrastructures designed to host varying types of organizations that can bring together new, disruptive knowledge. Our purpose is to unveil how these spaces can be drivers of sustainability performance for companies.</p><!--/ Abstract__block -->\n<h3>Design/methodology/approach</h3>\n<p>We test our hypotheses on a longitudinal database of Spanish companies over the period 2009–2016 using structural equation models (SEMs).</p><!--/ Abstract__block -->\n<h3>Findings</h3>\n<p>This research confirms that a firm’s location in an STP helps improve its sustainability performance, provided that conditions are optimal in the STP. These optimal conditions are based on an abundance of knowledge spillovers available to the firm and the firm’s ability to harness them, especially those of a more disruptive nature, through absorptive capacity.</p><!--/ Abstract__block -->\n<h3>Originality/value</h3>\n<p>Results of this study yield implications for academia in the form of future lines of research and practical implications for policymakers and managers of both STPs and the organizations that host them.</p><!--/ Abstract__block -->\n<h3>研究目的</h3>\n<p>若要取得良好的可持續發展績效,我們必須以更佳的環境和社會績效來平衡更高的經濟利潤。知識在改善企業的可持續發展績效上發揮關鍵作用; 但知識對很多科學的、技術性的和商業的參與者來說,變得越來越複雜、特殊和分散。科技園是為集合嶄新而帶有顛覆性知識的各種不同組織提供軟硬體支援而設計的基礎設施。本研究擬顯露這些設施和場地如何能為企業推動其永續發展績效。</p><!--/ Abstract__block -->\n<h3>研究設計/方法/理念</h3>\n<p>我們以結構方程模式、去測試有關涵蓋2009年至2016年期間西班牙企業的縱向數據庫的研究假設。</p><!--/ Abstract__block -->\n<h3>研究結果</h3>\n<p>研究結果確認了只要在科技園內有最優良的環境和條件,企業在園內的位置是有助改善其永續發展績效的。這些最優良環境和條件是基於企業可得到的豐富的知識外溢,以及它們可透過其吸收能力去控制知識外溢的能力,特別是那些具更強顛覆性本質的知識外溢。</p><!--/ Abstract__block -->\n<h3>研究的原創性</h3>\n<p>研究結果為學術界就未來的研究領域提供了啟示; 研究結果亦為科技園和主辦機構的政策制定者和經理、提供了實務方面的啟示。</p><!--/ Abstract__block -->","PeriodicalId":45118,"journal":{"name":"European Journal of Management and Business Economics","volume":"319 1","pages":""},"PeriodicalIF":4.2000,"publicationDate":"2024-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"European Journal of Management and Business Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/ejmbe-06-2023-0200","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
Purpose
Achieving good sustainability performance requires balancing higher economic profits with better environmental and social performance. Knowledge plays a key role in improving corporate sustainability performance, but this knowledge is becoming increasingly complex, specific and dispersed among many scientific, technological and business actors. Science and technology parks (STPs) are infrastructures designed to host varying types of organizations that can bring together new, disruptive knowledge. Our purpose is to unveil how these spaces can be drivers of sustainability performance for companies.
Design/methodology/approach
We test our hypotheses on a longitudinal database of Spanish companies over the period 2009–2016 using structural equation models (SEMs).
Findings
This research confirms that a firm’s location in an STP helps improve its sustainability performance, provided that conditions are optimal in the STP. These optimal conditions are based on an abundance of knowledge spillovers available to the firm and the firm’s ability to harness them, especially those of a more disruptive nature, through absorptive capacity.
Originality/value
Results of this study yield implications for academia in the form of future lines of research and practical implications for policymakers and managers of both STPs and the organizations that host them.
PurposeAchieving good sustainability performance requires balancing higher economic profits with better environmental and social performance.Knowledge plays a key role in improving corporate sustainability performance, but this knowledge is becoming increasingly complex, specific anddispersed among many scientific, technological and business actors. Science and technology parks (STPs) are infrastructures designed to host varyingtypes of organizations that can bring together new, disruptive knowledge. Our purpose is to unveil how these spaces can be drivers of sustainabilityperformance for companies.Design/methodology/approachWe test our hypotheses on a longitudinal database of Spanish companies over the period 2009–2016 using structural equation models (SEMs).FindingsThis research confirms that a firm’s location in an STP helpsimprove its sustainability performance, provided that conditions are optimal in the STP. These optimal conditions are based on an abundance ofknowledge spillovers available to the firm and the firm’s ability to harness them, especially those of a more disruptive nature, throughabsorptive capacity.Originality/valueResults of this study yield implications for academia in the form of future lines of research and practicalimplications for policymakers and managers of both STPs and the organizations that host them.研究目的若要取得良好的可持續發展績效,我們必須以更佳的環境和社會績效來平衡更高的經濟利潤。知識在改善企業的可持續發展績效上發揮關鍵作用; 但知識對很多科學的、技術性的和商業的參與者來說,變得越來越複雜、特殊和分散。科技園是為集合嶄新而帶有顛覆性知識的各種不同組織提供軟硬體支援而設計的基礎設施。本研究擬顯露這些設施和場地如何能為企業推動其永續發展績效。研究設計/方法/理念我們以結構方程模式、去測試有關涵蓋2009年至2016年期間西班牙企業的縱向數據庫的研究假設。研究結果研究結果確認了只要在科技園內有最優良的環境和條件,企業在園內的位置是有助改善其永續發展績效的。這些最優良環境和條件是基於企業可得到的豐富的知識外溢,以及它們可透過其吸收能力去控制知識外溢的能力,特別是那些具更強顛覆性本質的知識外溢。研究的原創性研究結果為學術界就未來的研究領域提供了啟示; 研究結果亦為科技園和主辦機構的政策制定者和經理、提供了實務方面的啟示。
期刊介绍:
European Journal of Management and Business Economics is interested in the publication and diffusion of articles of rigorous theoretical, methodological or empirical research associated with the areas of business economics, including strategy, finance, management, marketing, organisation, human resources, operations, and corporate governance, and tourism. The journal aims to attract original knowledge based on academic rigour and of relevance for academics, researchers, professionals, and/or public decision-makers.