Around the world, ‘science parks’ are being established and promoted as ‘property developments aimed at supporting research-based commercial activity’ (Quintas, Wield, and Massey 1992, 161). Currently, there are over 400 such science parks globally and their number continues to grow (UNESCO 2015). It has been argued that foreign direct investment (FDI) by multinational enterprises (MNEs) has the potential to significantly contribute to subnational locations, such as science parks, in terms of workforce skills, employment, productivity and knowledge transfer (Monaghan 2012).

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