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Regional Appropriation of University-Based Knowledge and Technology for Economic Development

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Author Info

  • Audretsch, David B.

    ()
    (Indiana University)

  • Leyden, Dennis P.

    ()
    (University of North Carolina at Greensboro, Department of Economics)

  • Link, Albert N.

    ()
    (University of North Carolina at Greensboro, Department of Economics)

Abstract

Economic development practitioners and scholars recognize the link between universities and regional economic development. It is predicated on the spillover of knowledge from universities to commercialization. The literature has focused on the supply side, which involves university research and technology transfer mechanisms. We examine the role played by the demand for university-based knowledge and university-developed technology. We identify links between businesses and the university as a key conduit facilitating the spillover of knowledge using data on the Department of Energy’s Small Business Innovation Research (SBIR) program. We provide supply-side evidence on university research relationships and how the use of knowledge and technologies that flow from a university impact economic growth. We identify the role that SBIR-funded businesses play in the spillover of knowledge from the creating organization to where that knowledge is used and commercialized. Our results suggest that knowledge is systematically transmitted through university-related research.

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Bibliographic Info

Paper provided by University of North Carolina at Greensboro, Department of Economics in its series Working Papers with number 12-3.

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Length: 20 pages
Date of creation: 23 Feb 2012
Date of revision:
Handle: RePEc:ris:uncgec:2012_003

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Fax: (336) 334-4089
Web page: http://www.uncg.edu/bae/econ/
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Keywords: Economic development; Entrepreneurship; Innovation; Licensing; SBIR program; University research;

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  1. Hall, Bronwyn & Link, Albert & Scott, John, 2010. "Universities as Research Partners," Working Papers, University of North Carolina at Greensboro, Department of Economics 10-9, University of North Carolina at Greensboro, Department of Economics.
  2. repec:now:journl:0300000006 is not listed on IDEAS
  3. Link, Albert N. & Scott, John T., 2011. "Employment Growth from Public Support of Innovation in Small Firms," Working Papers, University of North Carolina at Greensboro, Department of Economics 11-17, University of North Carolina at Greensboro, Department of Economics.
  4. Phan, Phillip H. & Siegel, Donald S., 2006. "The Effectiveness of University Technology Transfer," Foundations and Trends(R) in Entrepreneurship, now publishers, now publishers, vol. 2(2), pages 77-144, November.
  5. Frank T. Rothaermel & Shanti D. Agung & Lin Jiang, 2007. "University entrepreneurship: a taxonomy of the literature," Industrial and Corporate Change, Oxford University Press, vol. 16(4), pages 691-791, August.
  6. Albert N. Link & Donald S. Siegel & Barry Bozeman, 2006. "An Empirical Analysis of the Propensity of Academics to Engage in Informal University Technology Transfer," Rensselaer Working Papers in Economics, Rensselaer Polytechnic Institute, Department of Economics 0610, Rensselaer Polytechnic Institute, Department of Economics.
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