Open AccessTHE INFLUENCE OF REGIONAL SUPPLY, DEMAND AND COMPETITION FACTORS ON THE KNOWLEDGE TRANSFER OUTCOMES OF UNIVERSITIES
Author(s) -
Nordine Es-Sadki,
Anthony Arundel
Publication year - 2021
Publication title -
international journal of innovation management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.572
H-Index - 44
eISSN - 1757-5877
pISSN - 1363-9196
DOI - 10.1142/s136391962150078x
Subject(s) - license , metropolitan area , competition (biology) , business , quality (philosophy) , supply and demand , marketing , knowledge transfer , regional science , economics , political science , geography , management , ecology , philosophy , archaeology , epistemology , law , biology , microeconomics
We use survey data for up to 292 universities in 17 European countries to examine the influence of the employment share in knowledge-intensive services (KIS), location in a metropolitan region, and competition from other universities and research institutes in the same region on three measures of university knowledge transfer outcomes: the number of research agreements, licensing, and the number of start-ups. The results show that the KIS employment share has a positive correlation with the number of start-ups, while the location in a metropolitan region is positively correlated with the number of research agreements. Competition from quality-weighted universities in the same region as the focal university decreases the number of research and licensing agreements, although the highest-ranked 13.4% of universities benefit from the regional co-location of other high-quality universities for license income. The number of research institutes in the same region is unrelated to the number of research agreements, licenses and start-ups, but has a positive effect on license income. These results suggest that universities compete with top-ranked universities for regional demand for knowledge.