Computer modelling and identification of factors important for the success of business clusters
by Mousa Al-Kfairy; Souheil Khaddaj; Robert B. Mellor
International Journal of Knowledge-Based Development (IJKBD), Vol. 10, No. 4, 2019

Abstract: Business clusters are often intended to provide the environment needed to stimulate the financial growth of corporate inhabitants. However, many fail, prompting scholars to strive to identify the relevant success factors. In this paper, we identify factors promoting the growth of high-technology firms using a longitudinal dataset for both on- and off-cluster firms in Mjärdevi Science Park (MSP) at Linköping, Sweden. A panel data approach was used to investigate factors influencing the growth of on-cluster firms using off-cluster firms as a control group. Size and age influence turnover, as does the ability to innovate, but whereas size and age have a quadratic (nonlinear) impact on financial growth, innovation capabilities have a positive linear impact. Employment is mainly correlated to age, previous years' innovation and shareholder investment. Innovation output, (the ratio of patents asset value to turnover) is correlated to networking measured as social expenditure, which in turn exhibits a positive influence on innovation capabilities.

Online publication date: Thu, 13-Feb-2020

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Knowledge-Based Development (IJKBD):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email