Introduction: why this book? Why now? -- section 1. At the dawn of democracy. The state of black economic disempowerment at the dawn of democracy and the conundrums facing the new government ; One big 'miracle' should beget many others: election euphoria and the post-election hangover ;...

This paper examines the impact of locational choice as a firm strategy to access knowledge spillovers from universities. Based on a large data set of young high-technology start-ups publicly listed in Germany, this study tests the propositions that geographic proximity to the university is...