University research and regional innovation

the long version

This book represents the first study in the literature that provides a systematic, US-wide analysis of local university-high technology connections at the lowest possible level of spatial aggregation. Its contributions are twofold: it focuses on the regional aspects of the interaction between high technology innovations, university and private R&D at the proper spatial scale, at the level of counties and metropolitan areas; and it uses the specialized methodology of spatial econometrics to explicitly deal with potential spatial effects in cross-sectional data. The study is based on a unique data set of high technology innovations and industrial R&D employment in the US in 1982. University Research and Regional Innovation is aimed to serve the interests of both academic researchers in the fields of regional science and economics of technological change, and economic developers concerned with practical problems of innovative technology regions. The text may be used in graduate level courses of regional economics, economics of technological change, economics of education, and applied spatial econometrics.