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Locational conditions, cooperation, and innovativeness: evidence from research and company spin-offs

  • Anna Lejpras

    ()

  • Andreas Stephan

This paper has two goals. First, it analyzes the extent to which the innovativeness of spin-offs, either born from a research facility or from another company, is influenced by locational conditions. Second, it provides evidence on how important local cooperation links are in comparison to nonlocal ones. Using a sample of approximately 1,500 East German firms from knowledge-intensive sectors, we estimate a structural equation model applying the partial least squares method. We find that proximity to local research institutes and universities is the most influential factor for the cooperation intensity of spin-offs. Furthermore, the higher the cooperation intensity, the greater the innovativeness of a firm. Moreover, the results indicate that it is not the local but the nonlocal cooperation ties that are more conducive to innovativeness of research spin-offs. The findings also highlight that the innovativeness of research spin-offs with solely local links is strongly depends on support from various authorities and institutions.

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Article provided by Springer in its journal The Annals of Regional Science.

Volume (Year): 46 (2011)
Issue (Month): 3 (June)
Pages: 543-575

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Handle: RePEc:spr:anresc:v:46:y:2011:i:3:p:543-575
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