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Research Universities And Regional High‐Tech Firm Start‐Up And Exit

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  • DAKSHINA G. DE SILVA
  • ROBERT MCCOMB

Abstract

If localized knowledge spillovers are present in the university setting, higher rates of both start-ups and/or survival than in the broader economy would be observed in areas that are geographically proximate to the university. Using a fully-disclosed Quarterly Census of Employment and Wages for Texas for the years 1999:3-2006:2, this paper analyzes start-ups and exit rates for high-tech firms in Texas. We find that there is evidence that the presence of a research institution will affect the likelihood of technology start-ups. However, results suggest that geographic proximity to knowledge centers does not reduce hazard rates.
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Suggested Citation

  • Dakshina G. De Silva & Robert Mccomb, 2012. "Research Universities And Regional High‐Tech Firm Start‐Up And Exit," Economic Inquiry, Western Economic Association International, vol. 50(1), pages 112-130, January.
  • Handle: RePEc:bla:ecinqu:v:50:y:2012:i:1:p:112-130
    DOI: j.1465-7295.2010.00353.x
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    File URL: http://hdl.handle.net/10.1111/j.1465-7295.2010.00353.x
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    Citations

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    Cited by:

    1. De Silva, Dakshina G. & McComb, Robert P., 2012. "Geographic concentration and high tech firm survival," Regional Science and Urban Economics, Elsevier, vol. 42(4), pages 691-701.
    2. Dakshina G. De Silva & Timothy P. Hubbard & Robert P. McComb & Anita R. Schiller, 2017. "Entry, growth and survival in the green industry," Regional Studies, Taylor & Francis Journals, vol. 51(12), pages 1774-1785, December.
    3. Luca Stanca & Herbert Dawid & Mariacristina Piva & Marco Vivarelli, 2015. "Are R&D investments by incumbents decreasing in the availability of complementary assets for start-ups?," LEM Papers Series 2015/12, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    4. Feser, Daniel & Proeger, Till, 2015. "Asymmetric information as a barrier to knowledge spillovers in expert markets," Center for European, Governance and Economic Development Research Discussion Papers 259, University of Goettingen, Department of Economics.
    5. Daniel Feser & Till Proeger, 2017. "Asymmetric information as a barrier to knowledge spillovers in expert markets," International Entrepreneurship and Management Journal, Springer, vol. 13(1), pages 211-232, March.
    6. repec:bla:presci:v:96:y:2017:i::p:s1-s27 is not listed on IDEAS
    7. Niccolò Ghio & Massimiliano Guerini & Erik Lehmann & Cristina Rossi-Lamastra, 2015. "The emergence of the knowledge spillover theory of entrepreneurship," Small Business Economics, Springer, vol. 44(1), pages 1-18, January.
    8. repec:spr:intemj:v:14:y:2018:i:1:d:10.1007_s11365-017-0464-5 is not listed on IDEAS
    9. De Silva, Dakshina G. & McComb, Robert P., 2011. "Geographic concentration and firm survival," MPRA Paper 32906, University Library of Munich, Germany.
    10. Kathleen Carroll & Lisa M. Dickson & Jane E. Ruseski, 2013. "Do Faculty Matter? Effects of Faculty Participation in University Decisions," UMBC Economics Department Working Papers 13-06, UMBC Department of Economics.

    More about this item

    JEL classification:

    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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