This study examines how university knowledge spills over into small technology-based firms in Japan. Estimated Heckman selection models taking into account the timing of university-industry research collaboration and geographical proximity to spillover pools reveal that cooperative research with...

This study examines the presence and mechanism of university spillovers in the period when university-industry collaborations encountered institutional barriers. In addition to estimating the traditional regional knowledge production function, the knowledge spillover pool, which is accessible to...

Local public technology centers, administered by the prefectural and municipal governments, engage in providing technological support to small local firms. Using a comprehensive database, this paper quantitatively examines whether their strategy is contingent on, or independent of, the...

This study examined how intangible assets of Japanese biotechnology startups affected their intention to go public at one point and their actual initial public offering. Simple patent counts did not affect startups’ intention to go public in 2005. Among several indicators of patent quality,...

We examine the relationship between network characteristics and innovation under different phases of innovation. Based on micro data of cross industry groups, small firm networks for knowledge sharing and R&D cooperation, we show that close-knit networks, represented as dense communication and a...