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Cross-faculty proximity and academic entrepreneurship: The role of business schools

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  • Maximilian Goethner

    (Friedrich Schiller University Jena, School of Economics and Business Administration)

  • Michael Wyrwich

    (Friedrich Schiller University Jena, School of Economics and Business Administration)

Abstract

Over the past decades, entrepreneurial activity has started to be considered a third mission of higher education institutions. Our study examines the extent to which entrepreneurship at universities is driven by spatial proximity between university faculties. To this end, we use a new dataset that links information on business idea generation by faculties of German universities between 2007 and 2014 with comprehensive data on structural characteristics of these universities and faculties (e.g., number of academic staff, students, industry funding). Our analysis shows that the emergence of entrepreneurial ideas in natural sciences is positively affected by proximity to business schools. This pattern suggests the presence of knowledge flows between university faculties as an important source of science-based and technology-oriented business ideas.

Suggested Citation

  • Maximilian Goethner & Michael Wyrwich, 2017. "Cross-faculty proximity and academic entrepreneurship: The role of business schools," Jena Economic Research Papers 2017-017, Friedrich-Schiller-University Jena.
  • Handle: RePEc:jrp:jrpwrp:2017-017
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    More about this item

    Keywords

    Academic entrepreneurship; Knowledge Spillover; Spatial Proximity; Entrepreneurial Human Capital;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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