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Regional Competitiveness, University Spillovers and Entrepreneurial ActivityDavid B. AudretschIndiana University - Institute for Development Strategies; King Saud University; WHU - Otto Beisheim School of Management; Indiana University Bloomington - School of Public & Environmental Affairs (SPEA) Marcel HülsbeckUniversity of Augsburg - Faculty of Business and Economics Erik E. LehmannUniversity of Augsburg - Faculty of Business and Economics March 26, 2010 Unternehmensfuhrung und Organisation Working Paper No. 02-10 Indiana University School of Public & Enviromental Affairs Research Paper No. 2010-04-01 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.
Number of Pages in PDF File: 39 Keywords: Regional Competitiveness, University Spillovers, Entrepreneurship JEL Classification: M13, L 20, R30 Accepted Paper SeriesDate posted: April 13, 2010 ; Last revised: August 17, 2011Suggested CitationContact Information
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