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University Spillovers: Does the Kind of Science Matter?

  • David Audretsch

    ()

    (Max-Planck-Insitute, Jena)

  • Erik Lehmann

    ()

    (Department of Economics, University of Konstanz)

  • Susanne Warning

    ()

    (Department of Economics, University of Konstanz)

This study examines the impact of university spillovers on the locational choice of firm formation. Based on a unique and hand-collected data set of high-technology start-ups publicly listed in Germany, this paper tests the propositions that geographic proximity to the university is influenced by the kind of science and type of knowledge spillover. The results provide evidence that while academic research spillovers by articles and graduates seem to be less important as a location decision in the past, become a significant determinant for young and high-tech firms.

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Paper provided by Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim in its series Working Papers of the Research Group Heterogenous Labor with number 04-04.

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Length: 37 pages
Date of creation: 25 Feb 2004
Date of revision:
Handle: RePEc:knz:hetero:0404
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