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By Creso M. Sá, Andrew J. Kretz (auth.)

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The latter provinces suffer economic and demographic challenges. 41 Canadian entrepreneurial activity is concentrated in its most populated provinces. 10). 40). 12). 13). These are industries that are likely to rely on advanced knowledge and research cultivated in universities. 46 Historically, universitybased start-up companies have been formed around the innovative technologies resulting from faculty research. 12 Percent of entrepreneurs with a college or university education Source: Authors’ calculations based on data from Robert W.

1 (2003): 63–79. David B. Audretsch, “The Knowledge Spillover Theory of Entrepreneurship and Economic Growth,” Research on Technological Innovation, Management and Policy 9 (2005): 37–54. Roger L. Geiger and Creso Sá, Tapping the Riches of Science: Universities and the Promise of Economic Growth (Cambridge, MA: Harvard University Press, 2008). Scott Shane, Academic Entrepreneurship: University Spinoffs and Wealth Creation (Cheltenham, UK: Edgar Elgar Publishers, 2004). Data are from the Association of University Technology Managers’ (AUTM) Statistics Access for Tech Transfer database, which contains data from AUTM’s annual Licensing Activity Survey.

At the national level, the ethos of assisting fragile small businesses prevailed until around 1980, when it began to be replaced by the view that entrepreneurial startups could be the vehicle for innovation. Since then, federal governments in both countries have through federal agencies and targeted programs sought to support R&D and technology commercialization activities involving new firms. Part of this support flows through institutions that historically supported small business owners; part through research funding agencies that support academic science.

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