CRADAs: market failure and government failure?

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Chapter 7 in Invention, Innovation and U.S. Federal Laboratories, 2020, pp 86-92 from Edward Elgar Publishing

Abstract: In this chapter the concluding proposition from Chapter 5, R&D _ Invention Disclosures _ Patent Applications, is reformulated and tested with another technology transfer mechanism, CRADAs (cooperative research and development agreements). There is not empirical support for the relationship, R&D _ Invention Disclosures _ CRADAs. The conclusion is that these empirical findings should not be interpreted as evidence of government failure. On the contrary. CRADA activity involves at least two research parties and external legislative initiatives. One research party is within the federal laboratory and the other is often a private sector firm, the latter being guided in part by economic conditions and the market for new technology.

Keywords: Business and Management; Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (6)

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