Do competitively acquired funds induce universities to increase productivity?

Thomas Bolli and Frank Somogyi ()

Research Policy, 2011, vol. 40, issue 1, 136-147

Abstract: Abstract This paper analyzes the impact of private and public third-party funds on the productivity of Swiss university departments and public research institutions. Estimating a production function assuming that labor inputs produce master students and scientific publications reveals a positive effect of public third-party funding on productivity but not for private funds. However, once we include technology transfer as an additional output, the coefficient for public third-party funding turns insignificant while private funding becomes significant, indicating that the disciplining effect of public donors focuses on publications while private donors foster technology transfer. We employ three alternative approaches to tackle endogeneity and find qualitatively robust results.

Keywords: Productivity; Research; University; Technology; transfer; Third-party; funding; Endogeneity (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (42)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:40:y:2011:i:1:p:136-147

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