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Title: | Establishment of higher education institutions and new firm entry |
Authors: | Baptista, R Lima, F Mendonça, J |
Keywords: | Universities;Entry rates;Regional development;Policy evaluation;Propensity scores |
Issue Date: | 2011 |
Publisher: | Elsevier Science BV |
Citation: | Research Policy, 40(5), 751 - 760, 2011 |
Abstract: | The presence of universities has generally been associated with technological entrepreneurship. But what is the real impact of new universities on the levels of firm creation in a region? The present paper uses policy evaluation methodologies and longitudinal data on the establishment of higher education institutions in Portuguese municipalities for the period 1992–2002 to examine its effect on entry rates of new firms in different sectors. We find that the establishment of a new university has a positive and significant effect on subsequent levels of knowledge based firm entry in municipalities, and a negative effect on the levels of entry in other sectors, such as low-tech manufacturing. |
Description: | This is the post-print version of the final paper published in Research Policy. The published article is available from the link below. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. Copyright @ 2011 Elsevier B.V. |
URI: | http://www.sciencedirect.com/science/article/pii/S0048733311000357 http://bura.brunel.ac.uk/handle/2438/8128 |
DOI: | http://dx.doi.org/10.1016/j.respol.2011.02.006 |
ISSN: | 0048-7333 |
Appears in Collections: | Business and Management Publications Brunel Business School Research Papers |
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