The Effect of Defense Agency Funding of University Research on Regional New Venture Creation
研究了国防机构资助大学研究对区域新创企业创建率的影响,发现短期内抑制但长期促进,表明间接知识流动对创业有缓慢贡献。
This study explores the effects of defense agency funding of university research on regional new venture creation. We argue that ‘closed’ university research may constrain the direct flow of new knowledge into the entrepreneurial process, but does not restrict more tacit and indirect flows of university research. We find a negative (positive) effect of the defense share of university research funding on short‐term (long‐term) regional start‐up rates. This may indicate that while defense‐funded research may not seed start‐ups directly, the knowledge carried into the private sector through more indirect channels may contribute, albeit slowly, to regional entrepreneurial activity. Copyright © 2015 Strategic Management Society.