Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19947
Authors: 
Audretsch, David B.
Lehmann, Erik E.
Warning, Susanne
Year of Publication: 
2004
Series/Report no.: 
Papers on entrepreneurship, growth and public policy 0204
Abstract: 
This paper examines the impact of locational choice as a firm strategy to access knowledge spillovers from universities. Based on a large data set of young high-technology start-ups publicly listed in Germany, this study tests the propositions that geographic proximity to the university is shaped by different spillover mechanisms, research and human capital, and by different types of knowledge spillover, natural sciences and social sciences. The results suggest that spillover mechanisms as well as the type of spillovers are heterogeneous. Furthermore, it turns out that spillover effects are locally bounded.
Subjects: 
university spillover
new firm location
spillover mechanisms
JEL: 
M13
R30
L20
Document Type: 
Working Paper

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