Entrepreneurship and business dynamism has been declining in developed economies. One explanation for the decline is related with ageing and slowing population growth. It is then of critical importance to understand how the aggregate level of entrepreneurship changes with the age structure of the workforce. The project intends to conduct research to provide new evidence and clearer insights about the mechanisms through which population ageing affects aggregate entrepreneurship.

The proposed research aims to examine whether the extent to which technology regimes underlying university R&D match with technology regimes underlying the industrial structure in surrounding regions influences the effectiveness of technology transfer, and influences the creation, location choice and subsequent performance of knowledge-based start-up firms.