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Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2019-04-14  |  Accepted: 2019-06-20  |  Published: 2019-09-30

Title

University graduates, knowledge spill-overs and localization of knowledge intensive ventures - case of post-socialistic country


Abstract

This paper investigates how universities affect formation of new knowledge intensive ventures in conditions of post-socialistic country of Eastern Europe, depending on character of university spill-overs. Using tools of spatial econometry, we investigate how graduates rollout by universities and knowledge spill-overs on basis of interpersonal relationships between entrepreneurs and senior academic researchers determines emergence of knowledge intensive ventures in Slovakia, while we distinguish between total number of knowledge intensive firms (KIF), knowledge intensive manufacturing ventures (KIM), knowledge intensive business services (KIBS) and knowledge intensive services (KIS). Our estimates of spatial Durbin models indicate that even in conditions of country that lacks universities carrying out top-excellent research, university spill-overs affects formation of knowledge intensive ventures, but only in case of services, while spill-overs in form of graduate rollout are significantly localized.


Keywords

university, graduates, knowledge spill-overs, knowledge intensive entrepreneurship


JEL classifications

I23 , M13 , J24


URI

http://jssidoi.org/jesi/article/360


DOI


Pages

146-165


Funding

This research was funded by project of Agency for the Support of Research and Development in Slovakia, APVV-14-0512 "Universities and economic development of the regions".

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Hrivnák, Michal
Slovak University of Agriculture, Nitra, Slovakia http://www.uniag.sk
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Melichová, Katarína
Slovak University of Agriculture, Nitra, Slovakia http://www.uniag.sk
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Fáziková, Mária
Slovak University of Agriculture, Nitra, Slovakia http://www.uniag.sk
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Roháčiková, Oľga
Slovak University of Agriculture, Nitra, Slovakia http://www.uniag.sk
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Journal title

Entrepreneurship and Sustainability Issues

Volume

7


Number

1


Issue date

September 2019


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References