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Regional Competitiveness, University Spillovers and Entrepreneurial Activity


Audretsch, David B.; Hülsbeck, Marcel, and Erik E. Lehmann

Unternehmensführung und Organisation Working Paper No. 02-10, 2010-04-13

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.

Presented at: Workshop on “Entrepreneurial activity and Regional Competitiveness” at the Basque Institute of Competitiveness 2009 San Sebastian/Spain.

About the Authors: David B. Audretsch, Ameritech Chair of Economic Developement and Director, Institute for Development Strategies, Indiana University, USA; King Saud University, Kingdom of Saudi Arabia; WHU Otto Beisheim School of Business, Germany. Marcel Hülsbeck and Erik E. Lehmann, Chair of Management and Organization, University of Augsburg, Germany.

Availability: SSRN (click to access)