2,472
Views
3
CrossRef citations to date
0
Altmetric
Articles

Tertiary education expansion and regional firm development

ORCID Icon, & ORCID Icon
Pages 1874-1887 | Received 01 Jul 2020, Published online: 07 Feb 2022

REFERENCES

  • Abel, J. R., & Deitz, R. (2012). Do colleges and universities increase their region’s human capital? Journal of Economic Geography, 12(3), 667–691. https://doi.org/10.1093/jeg/lbr020
  • Abel, J. R., & Gabe, T. M. (2011). Human capital and economic activity in urban America. Regional Studies, 45(8), 1079–1090. https://doi.org/10.1080/00343401003713431
  • Abramovsky, L., & Simpson, H. (2011). Geographic proximity and firm–university innovation linkages: Evidence from Great Britain. Journal of Economic Geography, 11(6), 949–977. https://doi.org/10.1093/jeg/lbq052
  • Andersson, R., Quigley, J. M., & Wilhelmson, M. (2004). University decentralization as regional policy: The Swedish experiment. Journal of Economic Geography, 4(4), 371–388. https://doi.org/10.1093/jnlecg/lbh031
  • Andrews, M. (2019). How Do institutions of higher education affect local invention? Evidence from the Establishment of U.S. Colleges. https://doi.org/10.2139/ssrn.3072565.
  • Angrist, J. D., & Pischke, J.-S. (2009). Mostly harmless econometrics – An empiricist’s companion. Princeton University Press.
  • Arvanitis, S., Hollenstein, H., & Marmet, D. (2006). Innovative activities in Switzerland – Strengths and weaknesses. Background report for the midterm-assessment of the ‘Governmental guidelines for the promotion of education, research and technology 2004–2007’. KOF. https://doi.org/10.3929/ethz-b-000125297.
  • Arvanitis, S., Kubli, U., & Wörter, M. (2008). University–industry knowledge and technology transfer in Switzerland: What university scientists think about co-operation with private enterprises. Research Policy, 37(10), 1865–1883. https://doi.org/10.1016/j.respol.2008.07.005
  • Audretsch, D. B., & Feldman, M. P. (1996). R&D spillovers and the geography of innovation and production. The American Economic Review, 86(3), 630–640. http://www.jstor.org/stable/2118216
  • Audretsch, D. B., & Lehmann, E. E. (2005). Does the knowledge spillover theory of entrepreneurship hold for regions? Research Policy, 34(8), 1191–1202. https://doi.org/10.1016/j.respol.2005.03.012
  • Baltzopoulos, A., & Broström, A. (2013). Attractors of entrepreneurial activity: Universities, regions and alumni entrepreneurs. Regional Studies, 47(6), 934–949. https://doi.org/10.1080/00343404.2011.602335
  • Barra, C., & Zotti, R. (2017). Investigating the human capital development–growth nexus: Does the efficiency of universities matter? International Regional Science Review, 40(6), 638–678. https://doi.org/10.1177/0160017615626215
  • Bathelt, H., Kogler, D. F., & Munro, A. K. (2011). Social foundations of regional innovation and the role of university spin-offs: The case of Canada’s technology triangle. Industry and Innovation, 18(5), 461–486. https://doi.org/10.1080/13662716.2011.583462
  • Beck, M., Lopes-Bento, C., & Schenker-Wicki, A. (2016). Radical or incremental: Where does R&D policy hit? Research Policy, 45(4), 869–883. https://doi.org/10.1016/j.respol.2016.01.010
  • Bloom, N., Schankerman, M., & Reenen, J. V. (2013). Identifying technology spillovers and product market rivalry. Econometrica, 81(4), 1347–1393. https://doi.org/10.3982/ECTA9466
  • Brekke, T. (2020). What do we know about the University contribution to regional economic development? A conceptual framework. International Regional Science Review, 44(2), 1–33. https://doi.org/10.1177/0160017620909538.
  • Brülhart, M., Jametti, M., & Schmidheiny, K. (2012). Do agglomeration economies reduce the sensitivity of firm location to tax differentials? The Economic Journal, 122(563), 1069–1093. https://doi.org/10.1111/j.1468-0297.2012.02511.x
  • Bundesrat. (1994). Botschaft zu einem Bundesgesetz über die Fachhochschulen vom 30. Mai 1994. Bern. www.amtsdruckschriften.bar.admin.ch/viewOrigDoc.do?id=10053106
  • Callaway, B., & Sant’Anna, P. H. C. (2020). Difference-in-differences with multiple time periods. Journal of Econometrics, 225(2), 200–230. https://doi.org/10.1016/j.jeconom.2020.12.001.
  • Caniëls, M. C. J., & van den Bosch, H. (2011). The role of higher education institutions in building regional innovation systems. Papers in Regional Science, 90(2), 271–286. https://doi.org/10.1111/j.1435-5957.2010.00344.x
  • Cerulli, G., Marin, G., Pierucci, E., & Potì, B. (2021). Do company-owned academic patents influence firm performance? Evidence from the Italian industry. The Journal of Technology Transfer. https://doi.org/10.1007/s10961-020-09840-3.
  • Chatterji, M. (1998). Tertiary education and economic growth. Regional Studies, 32(4), 349–354. https://doi.org/10.1080/00343409850117807
  • Chun, H., Kim, J.-W., & Morck, R. (2016). Productivity growth and stock returns: Firm and aggregate-level analyses. Applied Economics, 48(38), 3644–3664. https://doi.org/10.1080/00036846.2016.1142659
  • Correia, S., Guimarães, P., & Zylkin, T. (2019). Verifying the existence of maximum likelihood estimates for generalized linear models. arXiv:1903.01633, http://arxiv.org/abs/1903.01633
  • Cowan, R., & Zinovyeva, N. (2013). University effects on regional innovation. Research Policy, 42(3), 788–800. https://doi.org/10.1016/j.respol.2012.10.001
  • Cox, N. J. (2013). Speaking Stata: Trimming to taste. The Stata Journal, 13(3), 640–666. https://doi.org/10.1177/1536867X1301300313
  • Cuaresma, J. C., Doppelhofer, G., & Feldkircher, M. (2014). The determinants of economic growth in European regions. Regional Studies, 48(1), 44–67. https://doi.org/10.1080/00343404.2012.678824
  • Czarnitzki, D., & Kraft, K. (2010). On the profitability of innovative assets. Applied Economics, 42(15), 1941–1953. https://doi.org/10.1080/00036840701749019
  • de Chaisemartin, C., & D’Haultfoeuille, X. (2020). Two-way fixed effects estimators with heterogeneous treatment effects. American Economic Review, 110(9), 2964–2996. https://doi.org/10.1257/aer.20181169
  • Drucker, J. (2016). Reconsidering the regional economic development impacts of higher education institutions in the United States. Regional Studies, 50(7), 1185–1202. https://doi.org/10.1080/00343404.2014.986083
  • Drucker, J., & Goldstein, H. (2007). Assessing the regional economic development impacts of Universities: A review of current approaches. International Regional Science Review, 30(1), 20–46. https://doi.org/10.1177/0160017606296731
  • Ernst, H. (2001). Patent applications and subsequent changes of performance: Evidence from time-series cross-section analyses on the firm level. Research Policy, 30(1), 143–157. https://doi.org/10.1016/S0048-7333(99)00098-0
  • Fischer, M. M., & Varga, A. (2006). Spatial knowledge spillovers and University research: Evidence from Austria. In M. M. Fischer (Ed.), Innovation, networks, and knowledge spillovers: Selected essays (pp. 211–232). Springer.
  • Florax, R. (1992). The university: A regional booster? Economic impacts of academic knowledge infrastructure. Avebury.
  • Florax, R., & Folmer, H. (1992). Knowledge impacts of universities on industry: An aggregate simultaneous investment model. Journal of Regional Science, 32(4), 437–466. https://doi.org/10.1111/j.1467-9787.1992.tb00199.x
  • Fritsch, M., & Aamoucke, R. (2017). Fields of knowledge in higher education institutions, and innovative start-ups: An empirical investigation. Papers in Regional Science, 96(S1), S1–S27. https://doi.org/10.1111/pirs.12175
  • Galletta, S., & Redonda, A. (2017). Corporate flat tax reforms and businesses’ investment decisions: Evidence from Switzerland. International Tax and Public Finance, 24(6), 962–996. https://doi.org/10.1007/s10797-017-9446-3
  • Garrido-Yserte, R., & Gallo-Rivera, M. T. (2010). The impact of the university upon local economy: Three methods to estimate demand-side effects. The Annals of Regional Science, 44(1), 39–67. https://doi.org/10.1007/s00168-008-0243-x
  • Geroski, P., Machin, S., & Reenen, J. V. (1993). The profitability of innovating firms. The RAND Journal of Economics, 24(2), 198–211. https://doi.org/10.2307/2555757
  • Glaeser, E. L., Kolko, J., & Saiz, A. (2001). Consumer city. Journal of Economic Geography, 1(1), 27–50. https://doi.org/10.1093/jeg/1.1.27
  • Glaeser, E. L., Ponzetto, G. A. M., & Tobio, K. (2014). Cities, skills and regional change. Regional Studies, 48(1), 7–43. https://doi.org/10.1080/00343404.2012.674637
  • Goldstein, H., Maier, G., & Luger, M. (1995). The university as an instrument for economic and business development: U.S. and European comparison. In D. Dill, & B. Sporn (Eds.), Emerging patterns of social demand and university reform: Through a glass darkly (pp. 105–133). Pergamon.
  • Goldstein, H., & Renault, C. (2004). Contributions of universities to regional economic development: A quasi-experimental approach. Regional Studies, 38(7), 733–746. https://doi.org/10.1080/0034340042000265232
  • Grabowski, H. G., & Mueller, D. C. (1978). Industrial research and development, intangible capital stocks, and firm profit rates. The Bell Journal of Economics, 9(2), 328–343. https://doi.org/10.2307/3003585
  • Hall, B. H., Mairesse, J., & Mohnen, P. (2010). Measuring the returns to R&D. Handbook of the Economics of Innovation, 2, 1033–1082. https://doi.org/10.1016/S0169-7218(10)02008-3
  • Hanel, P., & St-Pierre, A. (2002). Effects of R&D spillovers on the profitability of firms. Review of Industrial Organization, 20(4), 305–322. https://doi.org/10.1023/A:1015677626496
  • Hermannsson, K., Lisenkova, K., Lecca, P., McGregor, P. G., & Swales, J. K. (2017). The external benefits of higher education. Regional Studies, 51(7), 1077–1088. https://doi.org/10.1080/00343404.2016.1172062
  • Hussler, C., & Ronde, P. (2005). What kind of individual education for which type of regional innovative competence? An exploration of data on French industries. Regional Studies, 39(7), 873–889. https://doi.org/10.1080/00343400500289846
  • Jaffe, A. (1989). Real effects of academic research. The American Economic Review, 79(5), 957–970. www.jstor.org/stable/1831431
  • Jones, C. I. (2005). Growth and ideas. Handbook of Economic Growth, 1, 1063–1111. https://doi.org/10.1016/S1574-0684(05)01016-6
  • Kaiser, U. (2009). Patents and profit rates. Economics Letters, 104(2), 79–80. https://doi.org/10.1016/j.econlet.2009.04.004
  • Keller, W. (2004). International technology diffusion. Journal of Economic Literature, 42(3), 752–782. https://doi.org/10.1257/0022051042177685
  • Koch, L., & Simmler, M. (2020). How important are local knowledge spillovers of public R&D and what drives them? Research Policy, 49(7), 104009, https://doi.org/10.1016/j.respol.2020.104009
  • Lehnert, P., Pfister, C., & Backes-Gellner, U. (2020). Employment of R&D personnel after an educational supply shock: Effects of the introduction of universities of applied sciences in Switzerland. Labour Economics, 66, 101883, https://doi.org/10.1016/j.labeco.2020.101883
  • Luthi, E., & Schmidheiny, K. (2014). The effect of agglomeration size on local taxes. Journal of Economic Geography, 14(2), 265–287. https://doi.org/10.1093/jeg/lbt020
  • Manca, F. (2012). Human capital composition and economic growth at the regional level. Regional Studies, 46(10), 1367–1388. https://doi.org/10.1080/00343404.2011.598503
  • Moretti, E. (2010). Local multipliers. American Economic Review, 100(2), 373–377. https://doi.org/10.1257/aer.100.2.373
  • Nunes, P. M., Serrasqueiro, Z., & Leitão, J. (2012). Is there a linear relationship between R&D intensity and growth? Empirical evidence of non-high-tech vs. high-tech SMEs. Research Policy, 41(1), 36–53. https://doi.org/10.1016/j.respol.2011.08.011
  • Pastor, J. M., Peraita, C., Serrano, L., & Soler, Á. (2018). Higher education institutions, economic growth and GDP per capita in European Union countries. European Planning Studies, 26(8), 1616–1637. https://doi.org/10.1080/09654313.2018.1480707
  • Peer, V., & Penker, M. (2016). Higher education institutions and regional development: A meta-analysis. International Regional Science Review, 39(2), 228–253. https://doi.org/10.1177/0160017614531145
  • Pfister, C. (2017). Different educational structures and their economic impact on individuals and the economy [Doctoral dissertation]. University of Zurich, Faculty of Business, Economics and Informatics. https://www.zora.uzh.ch/id/eprint/150061/1/150061.pdf
  • Pfister, C., Koomen, M., Harhoff, D., & Backes-Gellner, U. (2021). Regional innovation effects of applied Research institutions. Research Policy, 50(4). https://doi.org/10.1016/j.respol.2021.104197
  • Rauch, J. (1993). Productivity gains from geographic concentration of human capital: Evidence from the cities. Journal of Urban Economics, 34(1), 380–400. https://doi.org/10.1006/juec.1993.1042
  • Rodríguez-Pose, A., & Crescenzi, R. (2008). Research and development, spillovers, innovation systems, and the genesis of regional growth in Europe. Regional Studies, 42(1), 51–67. https://doi.org/10.1080/00343400701654186
  • Roth, J., & Sant’Anna, P. H. C. (2021). Efficient estimation for staggered rollout designs. arXiv:2102.01291 [Econ, Math, Stat]. http://arxiv.org/abs/2102.01291.
  • Santos Silva, J., & Tenreyro, S. (2006). The Log of gravity. The Review of Economic and Statistics, 88(4), 641–658. https://doi.org/10.1162/rest.88.4.641
  • Schilling, M. A. (2017). Strategic management of technological innovation (5th ed.). McGraw-Hill Education.
  • Schlegel, T., Pfister, C., Harhoff, D., & Backes-Gellner, U. (2021). Innovation effects of universities of applied sciences: An assessment of regional heterogeneity. Journal of Technology Transfer. https://doi.org/10.1007/s10961-020-09839-w
  • Schmidheiny, K., & Siegloch, S. (2020). On event studies and distributed-lags in two-way fixed effects models: Identification, equivalence, and generalization (Discussion Paper No. 20-017). Centre for European Economic Research (ZEW). https://doi.org/10.2139/ssrn.3571164
  • Schubert, T., & Kroll, H. (2016). Universities’ effects on regional GDP and unemployment: The case of Germany: Universities’ regional effects. Papers in Regional Science, 95(3), 467–489. https://doi.org/10.1111/pirs.12150
  • Shaw, J. K., & Allison, J. (1999). The intersection of the learning region and local and regional economic development: Analysing the role of higher education. Regional Studies, 33(9), 896–902. https://doi.org/10.1080/00343409950075533
  • Siegfried, J. J., Sanderson, A. R., & McHenry, P. (2007). The economic impact of colleges and universities. Economics of Education Review, 26(5), 546–558. https://doi.org/10.1016/j.econedurev.2006.07.010
  • Sun, L., & Abraham, S. (2020). Estimating dynamic treatment effects in event studies with heterogeneous treatment effects. SSRN Journal. https://doi.org/10.2139/ssrn.3158747.
  • Swiss Federal Tax Administration (SFTA). (2016). Statistische Kennzahlen direkte Bundessteuer: Juristische Personen. https://www.estv.admin.ch/estv/de/home/allgemein/steuerstatistiken/fachinformationen/steuerstatistiken/direkte-bundessteuer.html
  • Toivanen, O., & Väänänen, L. (2016). Education and invention. Review of Economics and Statistics, 98(2), 382–396. https://doi.org/10.1162/REST_a_00520
  • Valero, A., & Van Reenen, J. (2019). The economic impact of universities: Evidence from across the globe. Economics of Education Review, 68, 53–67. https://doi.org/10.1016/j.econedurev.2018.09.001
  • Varga, A. (2000). Local academic knowledge transfers and the concentration of economic activity. Journal of Regional Science, 40(2), 289–309. doi:10.1111/0022-4146.00175