Location of research-based spin-offs: how relevant are regional effects?

Oscarina Conceição (), Ana Faria and Margarida Fontes
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Oscarina Conceição: DINÂMIA-CET, University Institute of Lisbon, Lisbon, Portugal & Polytechnic Institute of Cavado and Ave
Margarida Fontes: LNEG – National Laboratory of Energy and Geology. Lisbon, Portugal & DINÂMIA-CET, University Institute of Lisbon, Lisbon, Portugal

No 20/2014, NIPE Working Papers from NIPE - Universidade do Minho

Abstract: Using a unique self-collected dataset that comprehends the population of research-based spin-offs created in Portugal from 1995 until to 2007, we investigate the location choices of these firms. In order to do so we control for both university- and region-related mechanisms. Our results suggest that the latter play a lesser role than university-related mechanisms. Although the availability of qualified human capital and urbanization economies seem to exert some effect on the location choices of research-based spin-offs, our results suggest that the quality and prestige of the universities located in a region, as well as the presence of university-affiliated incubators and/or university research parks have a stronger impact on the intensity of RBSO location across regions.

Keywords: academic spin-offs; firm creation; location decision; count data analysis (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-cse, nep-edu, nep-eur, nep-geo, nep-knm, nep-sbm and nep-ure
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