This paper examines how the geographical proximity of university-industry linkages relates to the quality of an institution's research, local efforts in research and development (R&D), and characteristics of a region's production structure. The important role of universities for the firms'...

The aim of this study is to clarify what factors affect the innovation activity of small and medium-sized enterprises (SMEs), and especially the effect of regional factors. Innovations are seen as central phenomena on both micro and macro levels in economy. However, we know little about the...