Title
University graduates, knowledge spill-overs and localization of knowledge intensive ventures - case of post-socialistic country
Abstract
This paper investigates how universities affect formation of new knowledge intensive ventures in conditions of post-socialistic country of Eastern Europe, depending on character of university spill-overs. Using tools of spatial econometry, we investigate how graduates rollout by universities and knowledge spill-overs on basis of interpersonal relationships between entrepreneurs and senior academic researchers determines emergence of knowledge intensive ventures in Slovakia, while we distinguish between total number of knowledge intensive firms (KIF), knowledge intensive manufacturing ventures (KIM), knowledge intensive business services (KIBS) and knowledge intensive services (KIS). Our estimates of spatial Durbin models indicate that even in conditions of country that lacks universities carrying out top-excellent research, university spill-overs affects formation of knowledge intensive ventures, but only in case of services, while spill-overs in form of graduate rollout are significantly localized.
Keywords
university, graduates, knowledge spill-overs, knowledge intensive entrepreneurship
JEL classifications
I23 , M13 , J24
URI
http://jssidoi.org/jesi/article/360
DOI
Pages
146-165
Funding
This research was funded by project of Agency for the Support of Research and Development in Slovakia, APVV-14-0512 "Universities and economic development of the regions".This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License
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