Which regional conditions facilitate university spinouts retention and attraction?

Rossi, Federica and Baines, Ning and Lawton Smith, Helen (2021) Which regional conditions facilitate university spinouts retention and attraction? Regional Studies , ISSN 0034-3404.

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Official URL: https://doi.org/10.1080/00343404.2021.1959909

Abstract

We investigate the economic and institutional factors that help regions to retain university spinouts (USOs) founded within their borders, and to attract USOs from other regions. Using UK data, we find that regions with high USO retention rates have lower urbanisation and localisation economies. This indicates that locally-founded USOs take advantage of cheaper inputs, in addition to proximity to their home university. Regions with high USO attraction rates have higher localisation economies and innovation resources, suggesting that USOs move there to benefit from dynamic innovation systems. This study offers some general implications for industrial policy to level up regional disparities.

Metadata

Item Type:	Article
Additional Information:	JEL Classification Code: O14, O18, O25, E66
Keyword(s) / Subject(s):	university spinouts (USOs), firm migration, localisation economies, urbanisation economies, entrepreneurial ecosystem, regional development
School:	School of Business, Economics & Informatics > Management
Research Centres and Institutes:	Innovation Management Research, Birkbeck Centre for
Depositing User:	Federica Rossi
Date Deposited:	20 Jul 2021 09:52
Last Modified:	17 Nov 2022 00:54
URI:	https://eprints.bbk.ac.uk/id/eprint/45235

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