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Regional Appropriation of University-Based Knowledge and Technology for Economic Development

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Listed:
  • David B. Audretsch
  • Dennis P. Leyden
  • Albert N. Link

Abstract

Economic development practitioners and scholars recognize the link between universities and regional economic development. It is predicated on the spillover of knowledge from universities to commercialization. The literature has focused on the supply side, which involves university research and technology transfer mechanisms. We examine the role played by the demand for university-based knowledge and university-developed technology. We identify links between businesses and the university as a key conduit facilitating the spillover of knowledge using data on the Department of Energy’s Small Business Innovation Research (SBIR) program. We provide supply-side evidence on university research relationships and how the use of knowledge and technologies that flow from a university affect economic growth. We identify the role that SBIR-funded businesses play in the spillover of knowledge from the creating organization to where that knowledge is used and commercialized. Our results suggest that knowledge is systematically transmitted through university-related research.

Suggested Citation

  • David B. Audretsch & Dennis P. Leyden & Albert N. Link, 2013. "Regional Appropriation of University-Based Knowledge and Technology for Economic Development," Economic Development Quarterly, , vol. 27(1), pages 56-61, February.
    • Handle: RePEc:sae:ecdequ:v:27:y:2013:i:1:p:56-61
    DOI: 10.1177/0891242412472536
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    References listed on IDEAS

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    Cited by:

    1. A. Bellucci & L. Pennacchio, 2016. "University knowledge and firm innovation: evidence from European countries," The Journal of Technology Transfer, Springer, vol. 41(4), pages 730-752, August.
    2. Shu Yu & Shuangshuang Zhang & Takaya Yuizono, 2021. "Exploring the Influences of Innovation Climate and Resource Endowments through Two Types of University–Industry Collaborative Activities on Regional Sustainable Development," Sustainability, MDPI, vol. 13(14), pages 1-20, July.
    3. Caloghirou, Yannis & Giotopoulos, Ioannis & Kontolaimou, Alexandra & Korra, Efthymia & Tsakanikas, Aggelos, 2021. "Industry-university knowledge flows and product innovation: How do knowledge stocks and crisis matter?," Research Policy, Elsevier, vol. 50(3).
    4. Czarnitzki, Dirk & Doherr, Thorsten & Hussinger, Katrin & Schliessler, Paula & Toole, Andrew A., 2016. "Knowledge Creates Markets: The influence of entrepreneurial support and patent rights on academic entrepreneurship," European Economic Review, Elsevier, vol. 86(C), pages 131-146.
    5. Iryna Lendel & Haifeng Qian, 2017. "Inside the Great Recession: University Products and Regional Economic Development," Growth and Change, Wiley Blackwell, vol. 48(1), pages 153-173, March.
    6. João Cardim Ferreira Lima & Ana Lúcia Vitale Torkomian & Susana Carla Farias Pereira & Pedro Carlos Oprime & Luciana Harumi Hashiba, 2021. "Socioeconomic Impacts of University–Industry Collaborations–A Systematic Review and Conceptual Model," JOItmC, MDPI, vol. 7(2), pages 1-23, May.
    7. Eileen M. Trauth & Michael DiRaimo Jr. & M. Richard Hoover Jr. & Paul Hallacher, 2015. "Leveraging a Research University for New Economy Capacity Building in a Rural Industrial Region," Economic Development Quarterly, , vol. 29(3), pages 229-244, August.
    8. Radzivon Marozau & Maribel Guerrero & David Urbano, 2021. "Impacts of Universities in Different Stages of Economic Development," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(1), pages 1-21, March.
    9. Sophie Urmetzer & Michael P. Schlaile & Kristina B. Bogner & Matthias Mueller & Andreas Pyka, 2018. "Exploring the Dedicated Knowledge Base of a Transformation towards a Sustainable Bioeconomy," Sustainability, MDPI, vol. 10(6), pages 1-22, May.
    10. Dennis Patrick Leyden, 2016. "Universities as partners in research joint ventures," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(4), pages 449-462, December.
    11. Haifeng Qian, 2017. "Knowledge base differentiation in urban systems of innovation and entrepreneurship," Urban Studies, Urban Studies Journal Limited, vol. 54(7), pages 1655-1672, May.

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    More about this item

    Keywords

    economic development; entrepreneurship; innovation; licensing; SBIR program; university research;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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