Do universities affect firms’ location decisions? Evidence from Spain
AbstractHuman capital, scientific research, and technology are the three chief mechanisms promoting knowledge spillovers from universities to firms. Based on a study of the impact of Spain’s 1983 University Reform Act (LRU), which opened the door to the foundation of new universities and faculties, this paper examines whether university (or faculty) location affects the creation of new firms within a given province. We conclude that the foundation of science and social science faculties has had a marked impact on the creation of firms.
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Bibliographic InfoPaper provided by Institut d'Economia de Barcelona (IEB) in its series Working Papers with number 2011/7.
Length: 36 pages
Date of creation: 2011
Date of revision:
universities; firm location; spillovers; poisson regression;
Find related papers by JEL classification:
- I23 - Health, Education, and Welfare - - Education - - - Higher Education and Research Institutions
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- R39 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Production Analysis, and Firm Location - - - Other
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-09 (All new papers)
- NEP-CSE-2011-04-09 (Economics of Strategic Management)
- NEP-EDU-2011-04-09 (Education)
- NEP-ENT-2011-04-09 (Entrepreneurship)
- NEP-EUR-2011-04-09 (Microeconomic European Issues)
- NEP-GEO-2011-04-09 (Economic Geography)
- NEP-INO-2011-04-09 (Innovation)
- NEP-SBM-2011-04-09 (Small Business Management)
- NEP-URE-2011-04-09 (Urban & Real Estate Economics)
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