Do University Based Regions Really Attract Outside Entrepreneurs – The Case of the German Biotechnology Industry


Engel, Dirk ; Heneric, Oliver


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URL: http://ub-madoc.bib.uni-mannheim.de/1178
URN: urn:nbn:de:bsz:180-madoc-11785
Document Type: Working paper
Year of publication: 2005
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: R58 O30 R30 C21 ,
Subject headings (SWD): Deutschland , Biotechnologie , Spill-over-Effekt , Unternehmensgründung , Wirtschaftsgeographie
Abstract: The paper tests empirically the role of knowledge stocks to explain the regional distribution of Germany's biotechnology founders. We present an unique approach to highlight the role of knowledge spillovers as we differentiate according the local embeddedness and research affinity of founders. As expected, the results of our multivariate analysis indicate a high start-up activity in knowledge intensive regions. Group differentiation shows that knowledge stock variables matter only for academic founders inside as well as outside the region. In contrast, the start-up activity of non-academic founders coming from inside or outside the region cannot be explained with knowledge intensity of the region. Our empirical results suggest that knowledge spillovers matter, but these spillovers only attract founders with high affinity to research.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Engel, Dirk ; Heneric, Oliver (2005) Do University Based Regions Really Attract Outside Entrepreneurs – The Case of the German Biotechnology Industry. Open Access [Working paper]
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