Purpose

The purpose of this study is to identify how firms' sustainability performance is affected by external knowledge sources and absorptive capacity, accounting for the influence of being located in a science and technology park (STP).

Design/methodology/approach

Drawing on data from the Spanish Technological Innovation Panel, the authors estimate the determinants of sustainability performance using fixed effects multiple linear regression models with robust standard errors. The analysis covers the period 2009–2016, with a total panel of 8,874 companies and a total sample of 47,870 observations.

Findings

This study highlights the heterogeneity in on-park firms’ sustainability performance, which can be explained by the different capacities of these firms when it comes to embedding themselves in STP networks and processes and effectively absorbing the knowledge from the many knowledge sources that may be on offer in the park.

Originality/value

This paper contributes to the literature by examining the influence of external sources of knowledge and absorptive capacity, and the relationship between them, on sustainability performance. This study approaches sustainability performance as an aggregate measure of firms’ competitiveness and potential for long-term survival from the triple bottom line perspective. In addition, this study examines the effect that location in an STP can have on business sustainability performance and, more specifically, the mediating effect that knowledge sources and absorptive capacity can exert on this relationship.

中文翻译：

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位于科技园区的企业的可持续发展绩效：知识来源和吸收能力的影响

目的

本研究的目的是确定公司的可持续发展绩效如何受到外部知识来源和吸收能力的影响，并考虑位于科技园区 (STP) 的影响。

设计/方法/途径

作者利用西班牙技术创新小组的数据，使用具有稳健标准误差的固定效应多元线性回归模型估算了可持续性绩效的决定因素。该分析涵盖 2009 年至 2016 年期间，共有 8,874 家公司和 47,870 个观察样本。

发现

本研究强调了园区企业可持续发展绩效的异质性，这可以通过这些企业在将自身融入 STP 网络和流程以及有效地从可能存在的许多知识来源中吸收知识方面的不同能力来解释。在公园提供。

原创性/价值

本文通过研究外部知识来源和吸收能力的影响以及它们之间的关系对可持续性绩效的影响，为文献做出了贡献。本研究从三重底线的角度将可持续性绩效作为衡量公司竞争力和长期生存潜力的综合衡量标准。此外，本研究还考察了 STP 中的位置对企业可持续发展绩效的影响，更具体地说，是知识来源和吸收能力对这种关系的中介作用。