University Spillovers and New Firm Location

David Audretsch (daudrets@indiana.edu), Erik Lehmann (erik.lehmann@wiwi.uni-augsburg.de) and Susanne Warning

Papers on Entrepreneurship, Growth and Public Policy from Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group

Abstract: This paper examines the impact of locational choice as a firm strategy to access knowledge spillovers from universities. Based on a large data set of young high-technology start-ups publicly listed in Germany, this study tests the propositions that geographic proximity to the university is shaped by different spillover mechanisms, research and human capital, and by different types of knowledge spillover, natural sciences and social sciences. The results suggest that spillover mechanisms as well as the type of spillovers are heterogeneous. Furthermore, it turns out that spillover effects are locally bounded.

Keywords: university spillover; new firm location; spillover mechanisms (search for similar items in EconPapers)
JEL-codes: L20 M13 R30 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2004-01
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Citations: View citations in EconPapers (5)

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Journal Article: University spillovers and new firm location (2005)
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