Konferenzbeitrag

Do universities affect firms' location decisions? Evidence from Spain

The challenges posed by globalization have led to a rapid increase in the demand for higher education and, at the same time, many countries are earmarking more resources and efforts to foster their population's skills level and knowledge. Nowadays higher education is playing a crucial role in countries' economic development. In fact, higher education is perceived as being sufficient to allow countries to compete in a globalised economy and enhance leadership in knowledge sectors. In the last decades many countries have increased the incentives for and pressures on universities to become more involved in their regions. In response, the universities have developed the so-called Third Mission whereby they collaborate with its milieu in the more direct way. The objective of this paper is to know whether the university presence contributes to encourage the regional economic outcomes. Exploiting the geographic and temporal variation in the foundation of Spanish regional universities after to 1980, we use difference-in-difference approach to estimate its effect on regional economy. The data base includes information for the total Spanish public university system. Our paper contributes to the literature on universities and economic growth, adding more specific data related with university activity. We find little evidence that university presence increases the regional economic growth. We also estimate the effect of the university activity on the creation of knowledge spillover. However, the results vary widely across different regions.

Sprache
Englisch

Erschienen in
Series: 50th Congress of the European Regional Science Association: "Sustainable Regional Growth and Development in the Creative Knowledge Economy", 19-23 August 2010, Jönköping, Sweden

Klassifikation
Wirtschaft
Higher Education; Research Institutions
Innovation and Invention: Processes and Incentives
Size and Spatial Distributions of Regional Economic Activity
Real Estate Markets, Spatial Production Analysis, and Firm Location: Other
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Thema
universities
regional economic growth

Ereignis
Geistige Schöpfung
(wer)
Garcia, Javier
Parellada, Marti
Duch, Néstor
Ereignis
Veröffentlichung
(wer)
European Regional Science Association (ERSA)
(wo)
Louvain-la-Neuve
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Konferenzbeitrag

Beteiligte

  • Garcia, Javier
  • Parellada, Marti
  • Duch, Néstor
  • European Regional Science Association (ERSA)

Entstanden

  • 2010

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