Public Technology Infrastructure, R&D Sourcing, and Research Joint VenturesJames Adams (), M. Marcu and A. J. Wang Economics of Innovation and New Technology, 2008, vol. 17, issue 7-8, pages 631-648 Abstract: In this paper, we define public technology infrastructure to mean public resources that bring new R&D into existence. Examples are public research that yields knowledge spillovers and government contracts that broker new research. Using this definition we explore the effect of public infrastructure on cooperative R&D, especially R&D sourcing and research joint ventures (RJVs). Our findings strongly suggest that public infrastructure promotes cooperative R&D. We begin by studying the role of federal laboratories in R&D sourcing by private laboratories, finding that sourcing increases as a result. Then we examine patents arising from RJVs sponsored by the Advanced Technology Program (ATP). We find that R&D subsidies as well as difficulty and novelty increase patents produced by the RJVs. Contractual oversight by ATP has no direct effect but an indirect effect appears to exist, since firms value ATP oversight more highly for more difficult and novel projects, and these produce more patents. Keywords: R&D; Sourcing; Research joint ventures; Knowledge; Spillovers; Contracts; Incentives (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: http://EconPapers.repec.org/RePEc:taf:ecinnt:v:17:y:2008:i:7-8:p:631-648 Ordering information: This journal article can be ordered from Access Statistics for this article More articles in Economics of Innovation and New Technology from Taylor and Francis Journals |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
Swedish Business School at Örebro University.