Economic development practitioners and scholars recognize the link between universities and regional economic development. It is predicated on the spillover of knowledge from universities to commercialization. The literature has focused on the supply side, which involves university research and...

The purpose of this paper is to integrate what has recently been learned about the location of innovative activity. There is considerable evidence that R&D spillovers exist, and that they are geographically bounded. The extent to which such knowledge externalities exist as well as the cost of...

This study examines the impact of regional competitiveness on the innovative activity of entrepreneurial firms. Based on a unique and hand collected data set of publicly listed high technology start-ups and university regions, this paper tests how regional competitiveness and university...

The benefits of family ownership and control of firms are at the center of the family firm debate. Previous studies have used either family ownership or management as proxies for control. Both indicators are off the mark, as they do not measure decision control as intended by the theory of the...

This paper examines the link between liquidity constraints and investment behavior for German firms of different sizes from 1970 to 1986. Results indicate that medium sized firms appear to be more liquidity constrained in their investment behavior than either the smallest or largest firms in the...

This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greater share of economic activity. Not all countries, however, are experiencing...