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Research subsidies, industry–university cooperation and innovation

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  • Szücs, Florian

Abstract

We evaluate the impact of the EC's Seventh Framework Programme, a large-scale research subsidy programme, on the innovation activities of subsidized firms, with a particular regard to industry–university partnerships. Using matching and difference-in-difference estimation, we find a positive effect on a range of innovation indicators. The number of project participants in general and university participants in particular positively affect performance, suggesting knowledge spillovers between project members. Research centres, on the other hand, do not exert positive externalities. We also find that the benefits of collaborating with universities are amplified by their academic quality.

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  • Szücs, Florian, 2018. "Research subsidies, industry–university cooperation and innovation," Research Policy, Elsevier, vol. 47(7), pages 1256-1266.
    • Handle: RePEc:eee:respol:v:47:y:2018:i:7:p:1256-1266
    DOI: 10.1016/j.respol.2018.04.009
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    More about this item

    Keywords

    Research subsidies; Innovation; University-firm collaboration; RJV; Academic quality;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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