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Research universities and regional high-tech firm start-ups and exit

  • De Silva, Dakshina G.
  • McComb, Robert P.

If localized knowledge spillovers are present in the university setting, higher rates of both start-ups and/or survival than in the broader economy would be observed in areas that are geographically proximate to the university. Using a fully-disclosed Quarterly Census of Employment and Wages for Texas for the years 1999:3-2006:2, this paper analyzes start-ups and exit rates for high-tech firms in Texas. We find that there is evidence that the presence of a research institution will affect the likelihood of technology start-ups. However, results suggest that geographic proximity to knowledge centers does not reduce hazard rates.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 13022.

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Date of creation: 26 Jan 2009
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Handle: RePEc:pra:mprapa:13022
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