Regional Knowledge, Organizational Capabilities and the Emergence of the West German Laser Systems Industry, 1975–2005

Buenstorf, Guido; Fritsch, Michael; Medrano, Luis F.

doi:10.1080/00343404.2012.711947

Cited by 17 publications

(16 citation statements)

References 30 publications

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“…We selected three instrumental variables which were linked to the regional environment and were exogenous to the system, that is, the university and its research income: (a) regional venture capital availability captured from the British Venture Capital Association (BVCA) and measured as the value of venture capital funds raised in a region; (b) local economic growth captured as the change in regional per-capita GDP from the Office of National Statistics; and (c) regional human resources in science and technology, captured from the Eurostat database (http://epp.eurostat.ec.europa.eu/portal/page/portal/eurostat/home/), measured as the percentage of people working in the regional science and technology industries. While there are theoretical reasons to believe that our regional instrumental variables would affect spinoff activity (e.g., Buenstorf et al, 2015;DiGregorio and Shane, 2003;O'Shea et al, 2005;Powers and McDougal, 2005), there are no reasons to believe that they would affect university competitive research income. Competitive research bidding is a national activity, and funders support universities based on their research capabilities and not on the munificence of their location (good research labs often exist in small towns or remote locations).…”

Section: Discussionmentioning

confidence: 99%

The Peripheral Halo Effect: Do Academic Spinoffs Influence Universities' Research Income?

Pitsakis

Souitaris

Nicolaou

2015

J Management Studies

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Extant literature has drawn attention to the 'halo effect' of the good reputation of a core organizational activity on the outcome of a peripheral activity. We contribute to the literature on organizational reputation by illustrating a halo effect in the opposite directionfrom the periphery to the core. We show that developing a reputation for a peripheral activity (in our context, universities' social impact via spinoffs) may have positive spillovers for core organizational activities (in our context, university research), a phenomenon we term the 'peripheral halo effect'. We also show that this effect is more prominent for high-status than for low-status organizations. Our research also contributes to the academic-entrepreneurship literature by revealing that spinoff portfolios can generate income for universities not only directly via equity positions but also indirectly via reputational benefits.

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Section: Discussionmentioning

confidence: 99%

The Peripheral Halo Effect: Do Academic Spinoffs Influence Universities' Research Income?

Pitsakis

Souitaris

Nicolaou

2015

J Management Studies

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“…Governance and innovation of emerging industries is a big challenge faced by modern government (Stilgoe, J. et al, 2013; Buenstorf et al, 2015) [4,5] . Strategic emerging industries always tend to have the multiple uncertainty of technology, market and industrial organization, which have the typical characteristics of periodic evolution(Utterback & Suarez,1993; Nelson,1994； Benner， 2010) [6][7][8] .…”

Section: Introductionmentioning

confidence: 99%

China's Policy Dynamic Adjustment Mechanism Based on Evolution Characteristics of Strategic Emerging Industries [*]

Liu¹,

Han²,

Liu³

2018

Proceedings of the 2017 7th International Conference on Education and Management (ICEM 2017)

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The typical periodic evolution is the characteristics of strategic emerging industries (SEI), and the development of SEI opens the "window of opportunity" for the establishment of the industry leaders and the late-development countries to realize economic catch-up. However, the characteristics of externality and technology, market and organization of uncertainty weaken the strategic function of SEI, and the development of SEI needs cultivation of industrial policy. Nowadays there are some "fragmentation" and "sticky" phenomenon of the current policy problems in the promotion of China's SEI. Therefore, it has great practical significance to establish dynamic policy chain conforming to industry development path and covering different stages of development of emerging industry in order to effectively grasp the "window of opportunity" of SEI.

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“…In this section we begin to trace these co-evolutionary dynamics econometrically. Our analysis builds on earlier research that has demonstrated the importance of regional university research for firm entry into the German laser industry (Buenstorf and Geissler, 2011;Buenstorf et al, 2015). To allow for mutual interdependence between regional laser firm populations, private-sector R&D (as evidenced by patent data), as well as public research (as evidenced by dissertations or publications), we estimate reduced-form vector autoregressive (VAR) models.…”

Section: Regional Co-evolution Of Firm Population Innovation and Pubmentioning

confidence: 99%

“…Laser-related scientific publications were analyzed by Fritsch and Medrano (2010) as well as in Buenstorf et al (2015). They were obtained from two main sources.…”

Section: Co-evolution In Regional Systems Of Innovation?mentioning

confidence: 99%

Regional co-evolution of firm population, innovation and public research? Evidence from the West German laser industry

Blankenberg

Buenstorf

2016

Research Policy

Self Cite

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Halle, Germany (ann-kathrin.blankenberg@wiwi.uni-goettingen.de, buenstorf@uni-kassel.de). Terms of use: Documents in AbstractWe explore the regional co-evolution of firm population size, private-sector patenting and public research in the empirical context of German laser research and manufacturing over more than 40 years from the emergence of the industry to the mid-2000s. Our qualitative as well as quantitative evidence is suggestive of a co-evolutionary process of mutual interdependence rather than a unidirectional effect of public research on privatesector activities.

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Regional Knowledge, Organizational Capabilities and the Emergence of the West German Laser Systems Industry, 1975–2005

Cited by 17 publications

References 30 publications

The Peripheral Halo Effect: Do Academic Spinoffs Influence Universities' Research Income?

The Peripheral Halo Effect: Do Academic Spinoffs Influence Universities' Research Income?

China's Policy Dynamic Adjustment Mechanism Based on Evolution Characteristics of Strategic Emerging Industries [*]

Regional co-evolution of firm population, innovation and public research? Evidence from the West German laser industry

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