Abstract
Similar to the creation and distribution of new knowledge through industrial R&D and university research, entrepreneurial activity tends to vary across regions. Therefore the regionalized production of new knowledge is a prerequisite of entrepreneurial innovation. Based on endogenous growth theory, in particular the so-called Griliches-Jaffe-Model of regional knowledge production, we investigate industrial and university characteristics as determinants of technologically oriented entrepreneurship. Using hand-collected data from multiple sources, our results clearly show that high-technology entrepreneurship is highly dependent on regional knowledge production by industry and university, while technology entrepreneurship does largely not dependent on these factors.
Similar content being viewed by others
Notes
A comprehensive review of current approaches can be found in Drucker and Goldstein (2007).
References
Acs, Z. J. (2006). How is entrepreneurship good for economic growth? Innovations, 1(1), 97–107.
Acs, Z. J., & Storey, D. J. (2004). Introduction: entrepreneurship and economic development. Regional Studies, 38(8), 871–877.
Acs, Z. J., Audretsch, D. B., & Feldman, M. P. (1992). Real effects of academic research: comment. The American Economic Review, 82(1), 363–367.
Acs, Z. J., Anselin, L., & Varga, A. (2002). Patents and innovation counts as measures of regional production of new knowledge. Research Policy, 31(7), 1069–1085.
Agrawal, A., & Henderson, R. (2002). Putting patents in context: exploring knowledge transfer from MIT. Management Science, 48(1), 44–60.
Armington, C., & Acs, Z. J. (2002). The determinants of regional variation in new firm formation. Regional Studies, 36(1), 33–45.
Arrow, K. J. (1962). The economic implications of learning by doing. The Review of Economic Studies, 29(3), 155–173.
Audretsch, D. B., & Keilbach, M. (2007). The theory of knowledge spillover entrepreneurship. Journal of Management Studies, 44(7), 1242–1254.
Audretsch, D. B., Keilbach, M., & Lehmann, E. E. (2006). Entrepreneurship and economic growth. New York: Oxford University Press.
Audretsch, D. B., Dohse, D., & Niebuhr, A. (2009). Cultural diversity and entrepreneurship: a regional analysis for Germany. The Annals of Regional Science, 1–31.
Audretsch, D. B., Hülsbeck, M., & Lehmann, E. E. (2011). Regional competitiveness, university spillovers and entrepreneurial activity. Small Business Economics, (forthcoming).
Azoulay, P., Ding, W., & Stuart, T. (2007). The determinants of faculty patenting behavior: demographics or opportunities? Journal of Economic Behavior and Organization, 63(4), 599–623.
Bosma, N., van Stel, A., & Suddle, K. (2008). The geography of new firm formation: evidence from independent start-ups and new subsidiaries in the Netherlands. International Entrepreneurship and Management Journal, 4(2), 129–146.
Cáceres-Carrasco, F., & Guzmán-Cuevas, J. (2010). Functional and productive dependence: new characteristics for the analysis of enterprises from a macroeconomic view. International Entrepreneurship and Management Journal, 6(2), 117–130.
Cassia, L., & Colombelli, A. (2008). Do universities knowledge spillovers impact on new firm’s growth? Empirical evidence from UK. International Entrepreneurship and Management Journal, 4(4), 453–465.
Chesbrough, H. W. (2003). Open innovation: The new imperative for creating and profiting from technology. Boston: Harvard Business School Press.
Cohn, E., & Cooper, S. T. (2004). Multi-product cost functions for universities: Economies of scale and scope. Cheltenham: Edward Elgar.
Collins, H. M. (1992). Changing order: Replication and induction in scientific practice. Chicago: University of Chicago Press.
Colombo, M., & Grilli, L. (2006). Supporting high-tech start-ups: lessons from Italian technology policy. International Entrepreneurship and Management Journal, 2(2), 189–209.
Correia, I., & Petiz, O. (2007). Firms and universities—do spillovers enhance firm’s performance? International Entrepreneurship and Management Journal, 3(2), 145–157.
Cuervo, A. (2005). Individual and environmental determinants of entrepreneurship. International Entrepreneurship and Management Journal, 1(3), 293–311.
Davidsson, P., Lindmark, L., & Olofsson, C. (1994). New firm formation and regional development in Sweden. Regional Studies, 28(4), 395–410.
Drucker, J., & Goldstein, H. (2007). Assessing the regional economic development impacts of universities: a review of current approaches. International Regional Science Review, 30(1), 20–46.
Dusansky, R., & Vernon, C. J. (1998). Rankings of US economics departments. The Journal of Economic Perspectives, 12(1), 157–170.
EC. (2008). Towards a European Research Area—Science, Technology, and Innovation—Key Figures 2007. Brussels: European Commission.
Eckey, H.-F., Kosfeld, R., & Türck, M. (2006). Abgrenzung deutscher Arbeitsmarktregionen. Raumforschung und Raumordnung, 64, 229–309.
Etzkowitz, H. (2003). Research groups as ‘quasi-firms’: the invention of the entrepreneurial university. Research Policy, 32(1), 109–121.
Fritsch, M., & Mueller, P. (2007). The persistence of regional new business formation-activity over time–assessing the potential of policy promotion programs. Journal of Evolutionary Economics, 17(3), 299–315.
Galindo-Martin, M.-A., Méndez-Picazo, M., & Alfaro-Navarro, J. (2010). Entrepreneurship, income distribution and economic growth. International Entrepreneurship and Management Journal, 6(2), 131–141.
Gould, A., & Keeble, D. (1984). New firms and rural industrialization in East Anglia. Regional Studies, 18(3), 189–201.
Griliches, Z. (1979). Issues in assessing the contribution of research and development to productivity growth. Bell Journal of Economics, 10(1), 92–116.
Guesnier, B. (1994). Regional variations in new firm formation in France. Regional Studies, 28(4), 347–358.
Hall, P. A., & Soskice, D. W. (2001). Varieties of capitalism. Oxford: Oxford University Press Oxford.
Hart, M., & Gudgin, G. (1994). Spatial variations in new firm formation in the Republic of Ireland, 1980–1990. Regional Studies, 28(4), 367.
Jacobs, J. (1969). The economy of cities. New York: Vintage Books.
Jaffe, A. B. (1989). Real effects of academic research. The American Economic Review, 79(5), 957–970.
Jaffe, A. B., Trajtenberg, M., & Henderson, R. (1993). Geographic localization of knowledge spillovers as evidenced by patent citations. Quarterly Journal of Economics, 108(3), 577–598.
Keeble, D., & Walker, S. (1994). New firms, small firms and dead firms: spatial patterns and determinants in the United Kingdom. Regional Studies, 28(4), 411–427.
Lee, S. Y., Florida, R., & Acs, Z. J. (2004). Creativity and entrepreneurship: a regional analysis of new firm formation. Regional Studies, 38(8), 879–891.
Lloyd, P. E., & Mason, C. M. (1984). Spatial variations in new firm formation in the United Kingdom: comparative evidence from Merseyside, Greater Manchester and South Hampshire. Regional Studies, 18(3), 207–220.
Marshall, A. (1890). Principles of economics. London: Macmillan.
Mas-Verdú, F., Baviera-Puig, A., & Martinez-Gomez, V. (2009). Entrepreneurship policy and targets: the case of a low absorptive capacity region. International Entrepreneurship and Management Journal, 5(3), 243–258.
McDowell, G. R. (2001). Land-Grant Universities and extension into the 21st Century: Renegotiating or abandoning a social contract. Ames: Iowa State University Press.
Metzger, G., & Höwer, D. (2009). Die Bereitstellung von Standardauswertungen zum Gründungsgeschehen in Deutschland für externe Datennutzer. Zentrum für Europäische Wirtschaftsforschung GmbH (ZEW).
Mella, P. (2006). Spatial co-localisation of firms and entrepreneurial dynamics. International Entrepreneurship and Management Journal, 2(3), 391–412.
Moensted, M. (2007). Strategic networking in small high tech firms. International Entrepreneurship and Management Journal, 3(1), 15–27.
Munoz, J., & Welsh, D. (2006). Outsourcing in the IT industry: the case of the Philippines. International Entrepreneurship and Management Journal, 2(1), 111–123.
Neumann, R. (1992). Perceptions of the teaching-research nexus: a framework for analysis. Higher Education, 23(2), 159–171.
O’Farrell, P. N., & Crouchley, R. (1984). An industrial and spatial analysis of new firm formation in Ireland. Regional Studies, 18(3), 221–236.
Phan, P. H., & Siegel, D. S. (2006). The effectiveness of university technology transfer. Foundations and Trends in Entrepreneurship, 2(2).
Radauer, A., & Streicher, J. (2007). Low-Tech, innovation and state aid: the Austrian case. International Entrepreneurship and Management Journal, 3(3), 247–261.
Reynolds, P. (1994). Autonomous firm dynamics and economic growth in the United States, 1986–1990. Regional Studies, 28(4), 429–442.
Reynolds, P., Storey, D. J., & Westhead, P. (1994). Cross-national comparisons of the variation in new firm formation rates. Regional Studies, 28(4), 443–456.
Romer, P. M. (1986). Increasing returns and long-run growth. Journal of Political Economy, 94(5), 1002–1037.
Romer, P. M. (1990). Endogenous technological change. Journal of Political Economy, 98(5), 71–102.
Romero-Martínez, A., & Montoro-Sánchez, Á. (2008). How clusters can encourage entrepreneurship and venture creation. Reasons and advantages. International Entrepreneurship and Management Journal, 4(3), 315–329.
Rothaermel, F. T., Agung, S. D., & Jiang, L. (2007). University entrepreneurship: a taxonomy of the literature. Industrial and Corporate Change, 16(4), 691–791.
Schumpeter, J. A. S. (1964). Theorie der wirtschaftlichen Entwicklung (6th ed.). Berlin: Duncker and Humblot.
Spencer, A., & Kirchhoff, B. (2006). Schumpeter and new technology based firms: towards a framework for how NTBFs cause creative destruction. International Entrepreneurship and Management Journal, 2(2), 145–156.
Solow, R. M. (1956). A contribution to the theory of economic growth. Quarterly Journal of Economics, 70(1), 65–94.
Solow, R. M. (1957). Technical change and the aggregate production function. The Review of Economics and Statistics, 39(3), 312–320.
Storey, D. J. (1991). The birth of new firms—does unemployment matter? A review of the evidence. Small Business Economics, 3(3), 167–178.
Sutaria, V., & Hicks, D. A. (2004). New firm formation: dynamics and determinants. The Annals of Regional Science, 38(2), 241–262.
Uzawa, H. (1965). Optimum technical change in an aggregative model of economic growth. International Economic Review, 6(1), 18–31.
Varga, A. (2000). Local academic knowledge transfers and the concentration of economic activity. Journal of Regional Science, 40(2), 289–309.
Warning, S. (2007). The economic analysis of universities—strategic groups and positioning. Northhampton: Edward Elgar Publishing Inc.
Yusof, M., & Jain, K. (2010). Categories of university-level entrepreneurship: a literature survey. International Entrepreneurship and Management Journal, 6(1), 81–96.
Acknowledgements
The authors would like to thank David B. Audretsch, Michael Fritsch, Silvio Vismara, and participants of the Annual Meeting 2012 of the Technology Transfer Society (T2S) in Augsburg (Germany) for very helpful comments on earlier versions of this paper.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
Hülsbeck, M., Pickavé, E.N. Regional knowledge production as determinant of high-technology entrepreneurship: empirical evidence for Germany. Int Entrep Manag J 10, 121–138 (2014). https://doi.org/10.1007/s11365-011-0217-9
Published:
Issue Date:
DOI: https://doi.org/10.1007/s11365-011-0217-9