University Knowledge Spillovers and Innovative Startup Firms

Leonard Sabetti ()
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Leonard Sabetti: George Mason University

Chapter Chapter 12 in Productivity and Efficiency Analysis, 2016, pp 203-209 from Springer

Abstract: Abstract In this paper, we investigate the role of university knowledge spillovers in fostering innovative startup firms, measured by R&D intensity, an important predictor of firm innovation and productivity. We use annual data from the Kauffman Firm Survey of a representative cohort of U.S. startups over the period 2004–2011. Controlling for individual-firm characteristics and local factors, we test the effects of regional variation in R&D intensity of the higher-education sector on startup firms’ R&D expenditure decisions. We find strong effects on both extensive and intensive margins of firm R&D expenditures. Our results shed light on the role of entrepreneurs and new firm formation as a mechanism for innovation and universities as an important source of knowledge and technology transfer.

Keywords: Innovation; Productivity; Knowledge spillovers; Entrepreneurship (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-23228-7_12

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DOI: 10.1007/978-3-319-23228-7_12

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