Rossi, Federica and Baines, Ning and Lawton Smith, Helen (2023) Which regional conditions facilitate university spinouts retention and attraction? Regional Studies 57 (6), pp. 1096-1112. ISSN 0034-3404.
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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: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Research Centres and Institutes: | Innovation Management Research, Birkbeck Centre for |
| Depositing User: | Federica Rossi |
| Date Deposited: | 20 Jul 2021 09:52 |
| Last Modified: | 19 Jul 2025 06:39 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/45235 |
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