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Spatial knowledge spillovers and university research: Evidence from Austria

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  • Manfred M. Fischer
  • Attila Varga

Abstract

This paper provides some evidence on the importance of geographically mediated knowledge spillovers from university research activities to regional knowledge production in high-technology industries in Austria. Spillovers occur because knowledge created by universities has some of the characteristics of public goods, and creates value for firms and other organisations. The paper lies in the research tradition that finds thinking in terms of a production function of knowledge useful and looks for patents as a proxy of the `output' of this process, while university research and corporate R&D investment represent the `input' side. We refine the classical regional knowledge production function by introducing a more explicit measure to capture the pool of relevant spatial academic knowledge spillovers. A spatial econometric approach is used to test for the presence of spatial effects and – when needed – to implement models that include them explicitly. The empirical results confirm the presence of geographically mediated university spillovers that transcend the spatial scale of political districts. They, moreover, demonstrate that such spillovers follow a clear distance decay pattern. Copyright Springer-Verlag Berlin Heidelberg 2003

Suggested Citation

  • Manfred M. Fischer & Attila Varga, 2003. "Spatial knowledge spillovers and university research: Evidence from Austria," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 37(2), pages 303-322, May.
  • Handle: RePEc:spr:anresc:v:37:y:2003:i:2:p:303-322
    DOI: 10.1007/s001680200115
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    References listed on IDEAS

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    1. Acs, Zoltan J & Audretsch, David B & Feldman, Maryann P, 1992. "Real Effects of Academic Research: Comment," American Economic Review, American Economic Association, vol. 82(1), pages 363-367, March.
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    More about this item

    Keywords

    JEL classification: O31; H41; O40;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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