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University Spillovers and New Firm Location

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Author Info
David Audretsch () (Max-Planck-Insitute, Jena)
Erik Lehmann () (Department of Economics, University of Konstanz)
Susanne Warning () (Department of Economics, University of Konstanz)

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Abstract

This paper examines the impact of locational choice as a firm strategy to access knowledge spillovers from universities. Based on a large data set of young high-technology start-ups publicly listed in Germany, this study tests the propositions that geographic proximity to the university is shaped by different spillover mechanisms -- research and human capital -- and by different types of knowledge spillover -- natural sciences and social sciences. The results suggest that spillover mechanisms as well as spillover types are heterogeneous. In particular, the evidence suggests that new knowledge and technological-based firms have a high propensity to locate close to universities, presumably in order to access knowledge spillovers. However, the exact role that geographic proximity plays is shaped by the two factors examined in this paper -- the particular knowledge context, and the specific type of spillover mechanism.

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Publisher Info
Paper provided by Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim in its series Working Papers of the Research Group Heterogenous Labor with number 04-13.

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Length: 25 pages
Date of creation: 23 Jun 2004
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Handle: RePEc:knz:hetero:0413

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Related research
Keywords: university spillover ; new firm location ; spillover mechanisms;

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Find related papers by JEL classification:
M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
R30 - Urban, Rural, and Regional Economics - - Production Analysis and Firm Location - - - General
L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

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    Other versions:
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    Other versions:
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Oliver Fabel & Thomas Weber, 2005. "Entrepreneurial Elites: Industry Structure and Welfare Effects of Incubating New Businesses," Working Papers of the Research Group Heterogenous Labor 05-09, Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim. [Downloadable!]
  2. Elsa Martin & Hubert Stahn, 2009. "Should We Reallocate Patent Fees To The Universities ?," Working Papers halshs-00360997_v1, HAL. [Downloadable!]
  3. Kristina Nyström, 2009. "Entry, market turbulence and industry employment growth," Empirica, Springer, vol. 36(3), pages 293-308, August. [Downloadable!] (restricted)
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