Location of research-based spin-offs: how relevant are regional effects?

Conceição, Oscarina; Faria, Ana Paula; Fontes, Margarida

http://hdl.handle.net/10400.9/2783

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Authors

Conceição, Oscarina

Faria, Ana Paula

Fontes, Margarida

Abstract(s)

Using a unique self-collected dataset that comprehends the population of research-based spin-offs created in Portugal from 1995 until to 2007, we investigate the location choices of these firms. In order to do so we control for both university- and region-related mechanisms. Our results suggest that the latter play a lesser role than university-related mechanisms. Although the availability of qualified human capital and urbanization economies seem to exert some effect on the location choices of research-based spin-offs, our results suggest that the quality and prestige of the universities located in a region, as well as the presence of university-affiliated incubators and/or university research parks have a stronger impact on the intensity of RBSO location across regions.

Keywords

Academic spin-offs Location decision Determinants of strategic choice Data analysis

URI

http://hdl.handle.net/10400.9/2783

Citation

Conceição, O.; Faria, A.P.; Fontes, M. - Location of research-based spin-offs: how relevant are regional effects?. Working Paper, NIPE WP 20/2014, Braga, Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE), 2014, 25 p.