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Regional competitiveness, university spillovers and entrepreneurial activity

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  • Audretsch, David B.
  • Hülsbeck, Marcel
  • Lehmann, Erik E.

Abstract

This study examines the impact of regional competitiveness on the innovative activity of entrepreneurial firms. Based on a unique and hand collected data set of publicly listed high technology start-ups and university regions, this paper tests how regional competitiveness and university spillovers affect the innovation behaviour of entrepreneurial firms. The results provide strong evidence that regional competitiveness and university spillovers are strong complements in fostering innovation activity of entrepreneurial firms. However, the results also raise the question whether incentives for universities and their actors might lead to crowding out effects.

Suggested Citation

  • Audretsch, David B. & Hülsbeck, Marcel & Lehmann, Erik E., 2010. "Regional competitiveness, university spillovers and entrepreneurial activity," UO Working Papers 02-10, University of Augsburg, Chair of Management and Organization.
    • Handle: RePEc:zbw:auguow:0210
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    Keywords

    Regional Competitiveness; University Spillovers; Entrepreneurship;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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