Is higher education more important for firms than research? Disentangling university spillovers

نویسندگان

چکیده

Abstract The paper is the first attempt to integrate microdata on universities and firms across most European countries in order disentangle impact of knowledge spillovers from human capital (graduates) intellectual (codified research output) performance firms. Data cover all Higher Education Institutions (HEIs) registered official Tertiary Register (ETER). are ORBIS refer change 2011–2015 period turnover, total assets, intangible employment. Firms georeferred HEIs located at a given distance summed integrated. findings suggest that, among spillovers, creation via education students has larger than circulation knowledge. Moreover, two factors seem be complements rather substitutes. Spatial proximity important for embodied (i.e. educated people), while codified disembodied (citations publications) spatial dimension less relevant. have managerial policy-making consequences.

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ژورنال

عنوان ژورنال: Journal of Technology Transfer

سال: 2023

ISSN: ['1573-7047', '0892-9912']

DOI: https://doi.org/10.1007/s10961-023-10008-y