This paper provides a first assessment of the degree to which public research contributes to innovative entrepreneurship, using data on start-ups and venture capital (VC). It looks at academic start-ups founded by recent undergraduates and doctorate students or researchers. It shows that...

It is commonly accepted that universities are a source of new knowledge and an important part of innovation systems. Innovation and new knowledge are key drivers for regional economic growth and the economy of knowledge-based societies. Yet, regardless how prosperous universities' research...

In recent decades firms have intensified the exploration of external sources of knowledge to enhance their innovation capabilities. This paper presents an empirical analysis of the factors that affect the importance of academic knowledge for firms’ innovative activities. An integrated approach...