Firms in Science Parks Lag Behind Urban Counterparts in Productivity
This research looked at how where businesses are located in Taiwan affects how well they do. They studied firms in science parks and big cities to see how being around other companies affected their productivity. Firms in the science parks didn't do as well as those in big cities, but they got a boost from being near other companies. The study found that when companies group together, their productivity goes up, but having too much competition can hold them back. Overall, being in a place with lots of other businesses can be good for productivity, but it's important to find the right balance.