Entry into an industry often clusters in regions where the industry is already concentrated,which is suggestive of agglomeration economies. Regional public research activities mayexert another attracting force on entrants into science-based industries. Empirically theseproximity effects are...

Considerable debate surrounds the concept of entrepreneurial opportunities. This paper contributes to the discussion by bringing in concepts and findings from evolutionary economics. It makes three points. First, adopting an evolutionary market process perspective sheds new light on the nature...

We examine ownership patterns of German university-invented patents before and after the abolition of the "professors' privilege" in 2002 to explore how the legal change affected patenting activities. Our data show a shift from individually-owned and firm-owned patents to university-owned...