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Firms' growth: Does the innovation system matter?

  • Cassia, Lucio
  • Colombelli, Alessandra
  • Paleari, Stefano

The paper investigates the effects of external sources of knowledge on firm growth. In line with the knowledge spillovers literature, we focus on the relationship between firms and universities, considered as a crucial source of knowledge. To this purpose, we analyse a sample of UK public companies in the period 1995 to 2006. Our findings confirm that both universities' knowledge input and output are important determinants of the growth of entrepreneurial firms.

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Article provided by Elsevier in its journal Structural Change and Economic Dynamics.

Volume (Year): 20 (2009)
Issue (Month): 3 (September)
Pages: 211-220

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Handle: RePEc:eee:streco:v:20:y:2009:i:3:p:211-220
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/525148

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  20. Audretsch, David B. & Lehmann, Erik E., 2005. "Does the Knowledge Spillover Theory of Entrepreneurship hold for regions?," Research Policy, Elsevier, vol. 34(8), pages 1191-1202, October.
  21. Almus, Matthias & Nerlinger, Eric A, 1999. " Growth of New Technology-Based Firms: Which Factors Matter?," Small Business Economics, Springer, vol. 13(2), pages 141-54, September.
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