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Regional Public Research, Higher Education, and Innovative Start-Ups

Ronney Aamoucke
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Ronney Aamoucke: GSBC EIC “The Economics of Innovative Change”

Chapter Chapter 2 in Innovative Start-Ups and the Distribution of Human Capital, 2016, pp 25-49 from Springer

Abstract: Abstract New businesses are an important source of economic growth (Fritsch 2013), especially those start-ups that pose a competitive threat to incumbent firms by introducing a significant innovation. The available data suggest that only a small fraction of all start-ups is of such quality and that their geographic distribution is highly uneven (Fritsch 2011). According to the knowledge spillover theory of entrepreneurship (Acs et al. 2009), new businesses in general, and highly innovative start-ups in particular, are manifestations of knowledge spillover from extant knowledge sources. Hence, the number and the types of new business are shaped considerably by the regional knowledge base, and the emergence of innovative start-ups can be especially expected in regions with significant amounts of knowledge, private or public.

Keywords: Public Research; Knowledge Spillover; Initial Public Offering; Business Formation; Public Research Institute (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-319-44462-8_2

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DOI: 10.1007/978-3-319-44462-8_2

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