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University–industry collaboration and regional wealth

Author

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  • Erik E. Lehmann

    (University of Augsburg
    CCSE)

  • Matthias Menter

    (University of Augsburg)

Abstract

Substantial research has been conducted towards understanding why and how universities shape regional wealth and competitiveness. In this paper we extend this literature to examine empirically causal relationships between university-induced knowledge spillovers and regional wealth using a hand collected panel data set from 1998 to 2012. Literature has identified three possible effects of causality, namely that a university exogenously fosters and spurs regional wealth, second that universities are endogenously shaped by regional wealth and finally that regional wealth and universities follow an interlinked and co-evolutionary path. Our findings support the latter direction in that universities and their regional endowment are linked together.

Suggested Citation

  • Erik E. Lehmann & Matthias Menter, 2016. "University–industry collaboration and regional wealth," The Journal of Technology Transfer, Springer, vol. 41(6), pages 1284-1307, December.
    • Handle: RePEc:kap:jtecht:v:41:y:2016:i:6:d:10.1007_s10961-015-9445-4
    DOI: 10.1007/s10961-015-9445-4
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    More about this item

    Keywords

    University–industry collaboration; Entrepreneurship; Knowledge spillover theory; Regional wealth;
    All these keywords.

    JEL classification:

    • N31 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - U.S.; Canada: Pre-1913
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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