We investigate whether the supply of venture capital (VC) is driven by spatial proximity between a VC company and the portfolio firm. Our analysis is based on information about VC investments in Germany between 2004 and 2009. We find that possible problems caused by the geographic distance to a...

This paper reviews the current state of knowledge about the effect of new business formation on regional development. After a brief sketch of the origins of research on this issue, the main results of different lines of inquiry are discussed. Main issues are the development of start-up cohorts,...

This paper reviews the current state of knowledge about the effect of new business formation on regional development. After a brief sketch of the origins of research on this issue, the main results of different lines of inquiry are discussed. Main issues are the development of start-up cohorts,...

Die wesentlichen Grundlagen für regionale Innovationsprozesse sind das vorhandene Wissen sowie die Fähigkeit, neues Wissen aufzunehmen und es kommerziell zu nutzen. Dabei kommt den Kooperationsbeziehungen und der Einbindung in überregionale Netzwerke große Bedeutung zu. Für die...

This article discusses the concept of entrepreneurial ecosystems. In particular, three propositions are made for further development of the concept. First, it is argued that entrepreneurial ecosystems should be regarded a part of the regional innovation system. Second, the scope of the concept...

Literature suggests that location should matter for R&D activities. However, attempts to empirically detect differences in innovation activity between regions have so far been rather unsuccessful. Using a unique data set which contains comparable information about manufacturing enterprises in...

This paper investigates interregional differences in cooperative behavior of manufacturing establishments in the field of research and development (R&D). The empirical analysis for eleven European regions reveals a number of significant differences between these regions in the propensity to...

Der Beitrag behandelt die wissenschaftlichen Diskussion um die Beeinflussung regionaler Innovationsbedingungen, die mit dem von Hans-Jürgen Ewers und Ko-autoren entworfenen Konzept der innovationsorientierten Regionalpolitik angestoßen wurde. Zwar haben sich viele der dem Konzept der...