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Knowledge and rent spillovers through government-sponsored R&D consortia

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  • Nishimura, Junichi
  • Okamuro, Hiroyuki

Abstract

R&D consortia (collaborative R&D projects among private firms, universities, and public research institutes) have been attracting increasing attention as an effective means of promoting innovation. Especially for SMEs, such collaboration provides important opportunities to access and obtain advanced scientific knowledge generated by universities and public research institutes. It is expected that not only the participants in R&D consortia will enhance their performance, through direct knowledge spillovers, but also that the business partners of consortia members may enjoy indirect effects (rent spillovers), through their business transactions. This paper empirically examines the spillover effects through government-sponsored R&D consortia using firm-level data and the propensity score method. Focusing on a major support program for R&D consortia in Japan, the “Consortium R&D Project for Regional Revitalization” by METI, we confirm that there are both direct (knowledge) spillover effects from firms’ participation in this program and indirect (rent) spillover effects on the customer firms of the consortia members. Moreover, by comparing SMEs and large firms, we find that only SMEs obtain knowledge spillovers in R&D consortia, whereas, among their customers, only large firms enjoy rent spillovers.

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  • Nishimura, Junichi & Okamuro, Hiroyuki, 2013. "Knowledge and rent spillovers through government-sponsored R&D consortia," Working Paper Series 24, Center for Interfirm Network, Institute of Economic Research, Hitotsubashi University.
    • Handle: RePEc:hit:cinwps:24
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    1. Hiroyuki Okamuro & Junichi Nishimura, 2021. "Effects of multilevel policy mix of public R&D subsidies: Empirical evidence from Japanese local SMEs [The Impact of R&D Subsidies on R&D Employment Composition]," Science and Public Policy, Oxford University Press, vol. 48(6), pages 829-840.
    2. Hiroyuki Okamuro & Junichi Nishimura, 2020. "What Shapes Local Innovation Policies? Empirical Evidence from Japanese Cities," Administrative Sciences, MDPI, vol. 10(1), pages 1-22, February.
    3. Alessandra Scandura & Simona Iammarino, 2022. "Academic engagement with industry: the role of research quality and experience," The Journal of Technology Transfer, Springer, vol. 47(4), pages 1000-1036, August.
    4. Okamuro, Hiroyuki & Nishimura, Junichi, 2018. "Whose business is your project? A comparative study of different subsidy policy schemes for collaborative R&D," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 85-96.
    5. Dietlmeier, Simon Frederic & Urmetzer, Florian, 2023. "Policy-Driven Industrial Ecosystems," MPRA Paper 120559, University Library of Munich, Germany.
    6. Isabel Maria Bodas Freitas & Bart Verspagen, 2017. "The motivations, institutions and organization of university-industry collaborations in the Netherlands," Journal of Evolutionary Economics, Springer, vol. 27(3), pages 379-412, July.
    7. Ruben Fotso, 2020. "Evaluation of indirect effects of place-based science-industry transfer policies: Case of French Technological Research Institutes," Working Papers 2031, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    8. Eduardo Gonçalves & Fernando Salgueiro Perobelli & Inácio Fernandes Araújo, 2017. "Estimating intersectoral technology spillovers for Brazil," The Journal of Technology Transfer, Springer, vol. 42(6), pages 1377-1406, December.
    9. Nishimura, Junichi & Okamuro, Hiroyuki, 2018. "Internal and external discipline: The effect of project leadership and government monitoring on the performance of publicly funded R&D consortia," Research Policy, Elsevier, vol. 47(5), pages 840-853.
    10. de Almeida, Liliane & Augusto de Jesus Pacheco, Diego & Caten, Carla Schwengber ten & Jung, Carlos Fernando, 2021. "A methodology for identifying results and impacts in technological innovation projects," Technology in Society, Elsevier, vol. 66(C).
    11. Ruben Fotso, 2020. "Evaluation of indirect effects of place-based science-industry transfer policies: Case of French Technological Research Institutes," Working Papers halshs-02998262, HAL.
    12. Ruben Fotso, 2020. "Evaluation of the effectiveness of technological platforms as a technology transfer tool: the impact of French Technological Research Institutes on the socio-economic performance of SMEs," Working Papers halshs-02998309, HAL.
    13. Ruben Fotso, 2020. "Evaluation of the effectiveness of technological platforms as a technology transfer tool: the impact of French Technological Research Institutes on the socio-economic performance of SMEs," Working Papers 2032, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    14. OKAMURO, Hiroyuki & 岡室, 博之 & NISHIMURA, Junichi, 2015. "Governance and Performance of Publicly Funded R&D Consortia," CCES Discussion Paper Series 60, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University.
    15. Ruben Fotso, 2022. "Evaluating the indirect effects of cluster-based innovation policies: the case of the Technological Research Institutes in France," The Journal of Technology Transfer, Springer, vol. 47(4), pages 1070-1114, August.
    16. Michal Hrivnák & Jana Jarábková, 2022. "Drivers of Academic Engagement and University–Industry Collaboration in Conditions of Slovakia," Administrative Sciences, MDPI, vol. 12(4), pages 1-21, September.
    17. Telma Mendes & Vítor Braga & Carina Silva & Vanessa Ratten, 2023. "Taking a closer look at the regionally clustered firms: How can ambidexterity explain the link between management, entrepreneurship, and innovation in a post-industrialized world?," The Journal of Technology Transfer, Springer, vol. 48(6), pages 2007-2053, December.

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    More about this item

    Keywords

    R&D consortia; business transaction; knowledge spillover; rent spillover; SME; policy evaluation;
    All these keywords.

    JEL classification:

    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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