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Academic excellence, local knowledge spillovers and innovation in Europe

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  • Cristian Barra
  • Ornella Wanda Maietta
  • Roberto Zotti

Abstract

This paper studies whether high-quality research in first-tier universities has greater local knowledge spillovers than that in lower-tier universities. First-tier universities are identified as those among the top 150, according to the Academic Ranking of World Universities. Several indicators of academic excellence are included among the contextual drivers of innovation in a multivariate probit regression applied to European manufacturing data. The results show that top-10 publications of second-tier universities exhibit the highest positive association with product innovation of science-based sectors, but negative associations with top-10 publications of first- and second-tier universities are evidenced for process innovation in this macro-sector.

Suggested Citation

  • Cristian Barra & Ornella Wanda Maietta & Roberto Zotti, 2019. "Academic excellence, local knowledge spillovers and innovation in Europe," Regional Studies, Taylor & Francis Journals, vol. 53(7), pages 1058-1069, July.
    • Handle: RePEc:taf:regstd:v:53:y:2019:i:7:p:1058-1069
    DOI: 10.1080/00343404.2018.1540865
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    Cited by:

    1. Joan Crespo & Jesús Peiró-Palomino & Emili Tortosa-Ausina, 2020. "Does university performance have an economic payoff for their home regions? Evidence for the Spanish provinces," Working Papers 2020/20, Economics Department, Universitat Jaume I, Castellón (Spain).
    2. Samuel Amponsah Odei & Jan Stejskal & Viktor Prokop, 2021. "Understanding territorial innovations in European regions: Insights from radical and incremental innovative firms," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(5), pages 1638-1660, October.
    3. MOTOHASHI Kazuyuki & ZHAO Qiuhan, 2023. "University as a Knowledge Source of Innovation: A spatial analysis of the impact on local high-tech startup creation," Discussion papers 23027, Research Institute of Economy, Trade and Industry (RIETI).
    4. Meissner, Dirk & Zhou, Yuan & Fischer, Bruno & Vonortas, Nicholas, 2022. "A multilayered perspective on entrepreneurial universities: looking into the dynamics of joint university-industry labs," Technological Forecasting and Social Change, Elsevier, vol. 178(C).
    5. Bertoletti, Alice & Berbegal-Mirabent, Jasmina & Agasisti, Tommaso, 2022. "Higher education systems and regional economic development in Europe: A combined approach using econometric and machine learning methods," Socio-Economic Planning Sciences, Elsevier, vol. 82(PA).
    6. Becker, Bettina & Roper, Stephen & Vanino, Enrico, 2023. "Assessing innovation spillovers from publicly funded R&D and innovation support: Evidence from the UK," Technovation, Elsevier, vol. 128(C).
    7. Jonathan Eberle & Thomas Brenner & Timo Mitze, 2020. "Public Research, Local Knowledge Transfer, and Regional Development: Insights from a Structural VAR Model," International Regional Science Review, , vol. 43(6), pages 555-586, November.
    8. Cristian Barra & Ornella Wanda Maietta & Roberto Zotti, 2021. "The effects of university academic research on firm’s propensity to innovate at local level: evidence from Europe," The Journal of Technology Transfer, Springer, vol. 46(2), pages 483-530, April.
    9. Andrea Bonaccorsi & Brigida Blasi & Carmela Anna Nappi & Sandra Romagnosi, 2022. "Quality of research as source and signal: revisiting the valorization process beyond substitution vs complementarity," The Journal of Technology Transfer, Springer, vol. 47(2), pages 407-434, April.
    10. Cristian Barra & Nazzareno Ruggiero, 2022. "Firm innovation and local bank efficiency in Italy: Does the type of bank matter?," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 93(4), pages 1083-1128, December.
    11. Cristian Barra & Nazzareno Ruggiero, 2023. "Quality of Government and Types of Innovation—Empirical Evidence for Italian Manufacturing Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1749-1789, June.

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