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The effects of university-industry collaboration subsidies on firm performance

Author

Listed:
  • Elizabeth Webster

    (Melbourne Institute: Applied Economic & Social Research, University of Melbourne)

  • Alfons Palangkaraya

    (Centre for Transformative Innovation, Swinburne University of Technology)

  • Paul H. Jensen

    (Faculty of Business and Economics, University of Melbourne)

  • Russell Thomson

    (Centre for Transformative Innovation, Swinburne University of Technology)

Abstract

We quantify how competitive funding programs that promote university-industry (U-I) research partnerships affect firm performance. To do this, we estimate staggered difference-indifference models using data from more than 5,000 funded and unfunded Australian Research Council Linkage Project grant applications from 2002 until 2015. Our results show grant funding led to a 12 percent increase in employment over a five-year period with both employment and turnover trending upward relative to untreated firms over our five-year posttreatment window.

Suggested Citation

  • Elizabeth Webster & Alfons Palangkaraya & Paul H. Jensen & Russell Thomson, 2024. "The effects of university-industry collaboration subsidies on firm performance," Melbourne Institute Working Paper Series wp2024n14, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    • Handle: RePEc:iae:iaewps:wp2024n14
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    File URL: https://melbourneinstitute.unimelb.edu.au/__data/assets/pdf_file/0012/5178729/wp2024n14.pdf
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    More about this item

    Keywords

    university; industry; research; collaboration;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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