Research and Development at U.S. Research Universities: An Analysis of Scope Economies

Kwansoo Kim, Bradford Barham, Jean-Paul Chavas () and Jeremy Foltz

No 19147, 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper investigates the presence and sources of economies of scope in R&D production at U.S. research universities. The analysis evaluates the tradeoffs or synergies arising between traditional university research outputs (articles and doctorates) and a more recent and burgeoning output: academic patents. Using a shortage function, we propose a decomposition of economies of scope (decomposition which includes complementarity effects and scale effects). R&D input and output data from 92 public and private research universities are used to obtain non-parametric estimates of scope economies. The results show significant variations in economies of scope and sources by size and type of university.

Keywords: Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Date: 2005
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Working Paper: Research and Development at U.S. Research Universities: An Analysis of Scope Economies (2005)
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