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Regional Appropriation of University-Based Knowledge and Technology for Economic Development

  • Audretsch, David B.

    ()

    (Indiana University)

  • Leyden, Dennis P.

    ()

    (University of North Carolina at Greensboro, Department of Economics)

  • Link, Albert N.

    ()

    (University of North Carolina at Greensboro, Department of Economics)

Economic development practitioners and scholars recognize the link between universities and regional economic development. It is predicated on the spillover of knowledge from universities to commercialization. The literature has focused on the supply side, which involves university research and technology transfer mechanisms. We examine the role played by the demand for university-based knowledge and university-developed technology. We identify links between businesses and the university as a key conduit facilitating the spillover of knowledge using data on the Department of Energy’s Small Business Innovation Research (SBIR) program. We provide supply-side evidence on university research relationships and how the use of knowledge and technologies that flow from a university impact economic growth. We identify the role that SBIR-funded businesses play in the spillover of knowledge from the creating organization to where that knowledge is used and commercialized. Our results suggest that knowledge is systematically transmitted through university-related research.

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File URL: http://bae.uncg.edu/assets/research/econwp/2012/12-03.pdf
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Paper provided by University of North Carolina at Greensboro, Department of Economics in its series Working Papers with number 12-3.

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Length: 20 pages
Date of creation: 23 Feb 2012
Date of revision:
Handle: RePEc:ris:uncgec:2012_003
Contact details of provider: Postal: Box 26165, Greensboro, NC 27402-6165
Phone: (336) 334-5463
Fax: (336) 334-4089
Web page: http://www.uncg.edu/bae/econ/

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  1. Bronwyn H. Hall & Albert N. Link & John T. Scott, 2003. "Universities as Research Partners," The Review of Economics and Statistics, MIT Press, vol. 85(2), pages 485-491, May.
  2. Albert N. Link & Donald S. Siegel & Barry Bozeman, 2006. "An Empirical Analysis of the Propensity of Academics to Engage in Informal University Technology Transfer," Rensselaer Working Papers in Economics 0610, Rensselaer Polytechnic Institute, Department of Economics.
  3. Albert N. Link & John T. Scott, 2013. "Employment growth from public support of innovation in small firms," Chapters, in: Public Support of Innovation in Entrepreneurial Firms, chapter 3, pages 41-64 Edward Elgar.
  4. Albert Link & John Scott, 2006. "U.S. University Research Parks," Journal of Productivity Analysis, Springer, vol. 25(1), pages 43-55, 04.
  5. Albert N. Link & John T. Scott, 2013. "Private Investor Participation and Commercialization Rates for Government-sponsored Research and Development: Would a Prediction Market Improve the Performance of the SBIR Programme?," Chapters, in: Public Support of Innovation in Entrepreneurial Firms, chapter 11, pages 157-174 Edward Elgar.
  6. repec:now:journl:0300000006 is not listed on IDEAS
  7. Barry Bozeman & John Hardin & Albert Link, 2008. "Barriers To The Diffusion Of Nanotechnology," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 17(7-8), pages 749-761.
  8. Link, Albert N. & Scott, John T., 2010. "Government as entrepreneur: Evaluating the commercialization success of SBIR projects," Research Policy, Elsevier, vol. 39(5), pages 589-601, June.
  9. Audretsch, David B & Stephan, Paula E, 1996. "Company-Scientist Locational Links: The Case of Biotechnology," American Economic Review, American Economic Association, vol. 86(3), pages 641-52, June.
  10. Lynne G. Zucker & Michael R. Darby & Marilynn B. Brewer, 1994. "Intellectual Capital and the Birth of U.S. Biotechnology Enterprises," NBER Working Papers 4653, National Bureau of Economic Research, Inc.
  11. Frank T. Rothaermel & Shanti D. Agung & Lin Jiang, 2007. "University entrepreneurship: a taxonomy of the literature," Industrial and Corporate Change, Oxford University Press, vol. 16(4), pages 691-791, August.
  12. Phan, Phillip H. & Siegel, Donald S., 2006. "The Effectiveness of University Technology Transfer," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 2(2), pages 77-144, November.
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