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Impact of US Economic Crises on University Research and Development Investments

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  • Tugrul Daim
  • Dilek Ozdemir

Abstract

Universities are a well-known source of innovation that provides educated human resources, a scientific infrastructure, and their own research and development (R&D) capacity. In this way, they supply considerable and varied input to the economic environment. Yet the impacts of economic crises on university R&D are not discussed in the literature. This paper explores the impacts of the last seven economic crises in the USA on university R&D investments. Changes in industrial, government, and institutional funding during these economic crises are analyzed. Findings show an increase in government investments; however, the rest of the analyses did not show statistically significant results. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Tugrul Daim & Dilek Ozdemir, 2015. "Impact of US Economic Crises on University Research and Development Investments," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(1), pages 13-27, March.
    • Handle: RePEc:spr:jknowl:v:6:y:2015:i:1:p:13-27
    DOI: 10.1007/s13132-012-0135-2
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