Do firms benefit from university research? Evidence from Italy

Paola Cardamone, Valeria Pupo (valeria.pupo@unical.it) and Fernanda Ricotta

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of this paper is to assess the effect on firm total factor productivity of the university research. Since the impact of universities on firms’ performance is subtle and complex, we verify whether territorial context, sector and firm size may influence this relationship. Results show that university R&D does not seem to affect Italian firm productivity. However, if we consider geographical location and sector, we find that university activities have a positive effect on the performance of firms located in the North of Italy or operating in the specialised supplier sector. Several robustness checks confirm the significant role played by universities above all in the North of Italy. The policy implications of these findings are discussed.

Keywords: University; R&D; Total Factor Productivity (search for similar items in EconPapers)
JEL-codes: C21 D24 O30 (search for similar items in EconPapers)
Date: 2014-04-30
New Economics Papers: this item is included in nep-bec, nep-cse, nep-edu, nep-eff, nep-ino and nep-sbm
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Journal Article: Do Firms Benefit from University Research? Evidence from Italy (2016)
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