Who benefits from investment in universities? : institutions, university spillovers, and firm performance
Name
861189189-MIT.pdf
Description
Full printable version
Size
1.61 MB
Format
Adobe PDF
Checksum (MD5)
b5fd618c0e305ebcfe70ff39b3ed2c9e
Author(s)
Ching, Kenny Hwee Seong
Advisor(s)
Fiona Murray.
Date Issued
2013
Publisher
Massachusetts Institute of Technology
Abstract
This study examines the impact of local institutional arrangements on firm level spillover effects from universities. Specifically, I test the proposition of co-location with universities affecting firm performance, taking advantage of a major policy reform in China, to identify distinct university-influenced regions between 1998 and 2005. Together with a unique dataset from the National Bureau of Statistics of China, I find evidence, which suggests that relative to state-owned enterprises, domestic private firms in these regions experienced performance decline. Collectively, the results suggest that spillover effects from universities on industry are not unidirectional and uniform, and are specific to the unique institutional arrangements of each region and country. This finding raises some substantial welfare implications about the efficiency of public investments in universities when the benefits of such investments are offset by the institutional inefficiency of the state ownership.
Description
Thesis (S.M. in Management Research)--Massachusetts Institute of Technology, Sloan School of Management, 2013.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 40-43).
Subjects
Sloan School of Management.
MIT Department
Sloan School of Management
Terms of Use
M.I.T. theses are protected by
copyright. They may be viewed from this source for any purpose, but
reproduction or distribution in any format is prohibited without written
permission. See provided URL for inquiries about permission.
copyright. They may be viewed from this source for any purpose, but
reproduction or distribution in any format is prohibited without written
permission. See provided URL for inquiries about permission.
Persistent DSpace Link
