This study explores the economic factors that are associated with the success of university spin-offs. Drawing on a unique sample of academic entrepreneurs from research institutions in New York State, the article finds that spin-off success is dependent on both the type and size of the academic...

This study examines the contribution of the federal government to community and regional economic development by exclusively analyzing data on intergovernmental transfers to state and local governments. The study covers the years 1940 through 2010. The intent is to explore and define the...

Previous research provides evidence that jobs and firms in U.S. metropolitan areas are concentrated in economic centers, creating a polycentric urban form. Previous research also suggests that firms realize localization economies when they locate near other firms in the same industry and...

This article constructs an unbalanced panel data set based on a varying sample period of 1980-2004 for 17 OECD countries to analyze the impact of information and communication technology (ICT) on productivity growth. This article divides ICT capital stock into three categories, namely...

The strong U.S. real income gains and reductions in poverty during the 1990s were largely erased in the following decade, which contained two economic recessions and tepid job growth otherwise. Areas most affected by weak U.S. economic performance could be expected to also have experienced the...

Using data from metropolitan U.S. labor market areas, the authors quantify empirical associations between entry by small firms and multiple economic outcomes including levels, growth rates, and volatilities of income and employment. The inclusion of volatilities, motivated by prior studies,...

Rural regions of the United States have experienced detrimental out-migration, or brain drain, of college-educated individuals. The present study used survey data, gathered with an interactive website tool containing a comprehensive collection of economic and lifestyle features, to determine...

Clusters and cluster policy have become a dominant paradigm in the world of both economic development theory and practice. Cluster theory suggests that firms that are part of a geographically defined cluster benefit from being part of that cluster and that these benefits result in growth in...

The loss of manufacturing jobs in the United States has been widely noted in the popular press as well as in public policy debate. We examine several of the most prominently made assertions about manufacturing decline and its consequences for deindustrializing metropolitan areas and find not all...