The paper sheds some light on the issue of geographically mediated knowledge
spillovers from university research activities to regional knowledge production in high
tech industries in Austria. Knowledge spillovers occur because knowledge created by
university is typically not contained within that institution, and thereby creates value for
others.
The conceptual framework for analysing geographic spillovers of university research on
regional knowledge production is derived from Griliches (1979). It is assumed that
knowledge production in the high tech sectors essentially depends on two major
sources of knowledge: the university research that represents the potential pool of
knowledge spillovers and R&D performed by the high tech sectors themselves.
Knowledge is measured in terms of patents, university research and R&D in terms of
expenditures. We refine the standard knowledge production function by modelling
research spillovers as a spatially discounted external stock of knowledge. This enables
us to capture regional and interregional spillovers. Using district-level data and
employing spatial econometric tools evidence is found of university research spillovers
that transcend the geographic scale of the political district in Austria. It is shown that
geographic boundedness of the spillovers is linked to a decay effect. (authors' abstract) / Series: Discussion Papers of the Institute for Economic Geography and GIScience
| Identifer | oai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:4240 |
| Date | 28 December 2000 |
| Creators | Fischer, Manfred M., Varga, Attila |
| Publisher | WU Vienna University of Economics and Business |
| Source Sets | Wirtschaftsuniversität Wien |
| Language | English |
| Detected Language | English |
| Type | Paper, NonPeerReviewed |
| Format | application/pdf |
| Relation | http://epub.wu.ac.at/4240/ |
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