Scandinavian Working Papers in Economics

Working Paper Series in Economics and Institutions of Innovation,
Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

No 101: Specialization of Regions and Universities - the new versus the old

Pontus Braunerhjelm ()
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Pontus Braunerhjelm: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden

Abstract: This paper analyzes whether there is a correspondence between a university’s research spe-cialization and industrial specialization in the region hosting the university, and to what extent universities influences regional productivity. Moreover, the analysis seeks to answer if a dif-ference can be detected between the influences of old and new universities on regional per-formance. To achieve this end we utilize a unique dataset on spatially disaggregated data for Sweden in the period 1975-1999. A two-step Heckman regression analysis is implemented to examine whether the universities research specialization match regional specialization in pro-duction as compared to the average region. The results suggest a correspondence in speciali-zation, as well as positive productivity effects. However, there are also considerable differ-ences across regions, albeit primarily unrelated to the age of the universities.

Keywords: Universities; norms; regional specialization; policies

JEL-codes: J24; O31; O57

43 pages, December 11, 2007

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