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Location of research-based spin-offs: how relevant are regional effects?

Author

Listed:
  • Oscarina Conceição

    (DINÂMIA-CET, University Institute of Lisbon, Lisbon, Portugal & Polytechnic Institute of Cavado and Ave)

  • Ana Paula Faria

    (Universidade do Minho - NIPE)

  • Margarida Fontes

    (LNEG – National Laboratory of Energy and Geology. Lisbon, Portugal & DINÂMIA-CET, University Institute of Lisbon, Lisbon, Portugal)

Abstract

Using a unique self-collected dataset that comprehends the population of research-based spin-offs created in Portugal from 1995 until to 2007, we investigate the location choices of these firms. In order to do so we control for both university- and region-related mechanisms. Our results suggest that the latter play a lesser role than university-related mechanisms. Although the availability of qualified human capital and urbanization economies seem to exert some effect on the location choices of research-based spin-offs, our results suggest that the quality and prestige of the universities located in a region, as well as the presence of university-affiliated incubators and/or university research parks have a stronger impact on the intensity of RBSO location across regions.

Suggested Citation

  • Oscarina Conceição & Ana Paula Faria & Margarida Fontes, 2014. "Location of research-based spin-offs: how relevant are regional effects?," NIPE Working Papers 20/2014, NIPE - Universidade do Minho.
    • Handle: RePEc:nip:nipewp:20/2014
    as

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    References listed on IDEAS

    as
    1. Catherine Armington & Zoltan J. Acs, 2008. "The Determinants of Regional Variation in New Firm Formation," Chapters, in: Entrepreneurship, Growth and Public Policy, chapter 18, pages 224-243, Edward Elgar Publishing.
    2. Thomas B. Astebro & Navid Bazzazian, 2011. "Universities, Entrepreneurship and Regional Local Development," Post-Print hal-00648008, HAL.
    3. Michael Fritsch (ed.), 2011. "Handbook of Research on Entrepreneurship and Regional Development," Books, Edward Elgar Publishing, number 13399.
    4. Navid Bazzazian & Thomas Astebro, 2011. "Universities, Entrepreneurship and Local Economic Development," ERSA conference papers ersa10p822, European Regional Science Association.
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    More about this item

    Keywords

    academic spin-offs; firm creation; location decision; count data analysis;
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