The effects of university-industry collaboration subsidies on firm performance

Elizabeth Webster (), Alfons Palangkaraya, Paul H. Jensen and Russell Thomson
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Elizabeth Webster: Melbourne Institute: Applied Economic & Social Research, University of Melbourne, https://findanexpert.unimelb.edu.au/profile/12848-beth-webster
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

Melbourne Institute Working Paper Series from Melbourne Institute of Applied Economic and Social Research, The University of Melbourne

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.

Keywords: university; industry; research; collaboration (search for similar items in EconPapers)
JEL-codes: O31 O32 O34 (search for similar items in EconPapers)
Pages: 42pp
Date: 2024-12
New Economics Papers: this item is included in nep-eur, nep-ino, nep-ppm and nep-sbm
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