The Contribution of Universities to Growth: Empirical Evidence for Italy

Martin Carree, Antonio Della Malva and Enrico Santarelli

Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna

Abstract: New entrepreneurial ventures may represent a viable and effective mechanism to transform academic knowledge into regional economic growth. We test this notion for the Italian provinces between 2001 and 2006. We evaluate three outputs of academic activities: teaching, research and Intellectual Property Rights (IPR) activities management. New ventures may be able to transform the mentioned outputs into improved economic performance. The findings show that the effects of academic outputs on provincial economic growth (all sectors) are appreciable when they are associated with sustained entrepreneurial activities in the province. It suggests that academic inquiry may provide new ventures with valuable commercial opportunities overseen by established companies.

JEL-codes: I23 O18 O34 R11 (search for similar items in EconPapers)
Date: 2011-10
New Economics Papers: this item is included in nep-cse, nep-edu, nep-ent, nep-ino, nep-ipr, nep-pr~, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Journal Article: The contribution of universities to growth: empirical evidence for Italy (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:wp793

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