Research universities and regional high-tech firm start-ups and exit

Dakshina De Silva and Robert P. McComb

MPRA Paper from University Library of Munich, Germany

Abstract: If localized knowledge spillovers are present in the university setting, higher rates of both start-ups and/or survival than in the broader economy would be observed in areas that are geographically proximate to the university. Using a fully-disclosed Quarterly Census of Employment and Wages for Texas for the years 1999:3-2006:2, this paper analyzes start-ups and exit rates for high-tech firms in Texas. We find that there is evidence that the presence of a research institution will affect the likelihood of technology start-ups. However, results suggest that geographic proximity to knowledge centers does not reduce hazard rates.

Keywords: Entry and Survival; R & D; Regional; Urban; and Rural Analyses (search for similar items in EconPapers)
JEL-codes: O18 R12 R53 (search for similar items in EconPapers)
Date: 2009-01-26
New Economics Papers: this item is included in nep-com, nep-edu, nep-ent, nep-geo, nep-ino, nep-ipr, nep-pr~, nep-tid and nep-ure
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: RESEARCH UNIVERSITIES AND REGIONAL HIGH‐TECH FIRM START‐UP AND EXIT (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:13022

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