Industry-science cooperation and public policy instruments utilization in the private sector
Journal of Business Research, 2021, vol. 124, issue C, 519-528
This article explores the utilization of public policies aimed at supporting industrial innovation, and, in particular, enterprises involved in industry-science cooperation. The aim is to investigate whether firms cooperating with universities or R&D organisations are more likely to be supported by the state and demonstrate higher innovation performance. The empirical analysis is based upon the results of a 2018 specialised survey on innovation-active high-tech and medium high-tech manufacturing enterprises in Russia and relies on the concept of ‘additionality’. Although the study results indicate that enterprises interacting with R&D performing organisations are more likely to be publicly supported, the recipients claim that the provided support rarely causes significant changes in their performance. Cooperating with R&D organisations and universities appears associated with mainly a general boost in the competitiveness of the enterprise. The paper provides evidence to suggest that support allocation in Russia is following a ‘picking-the-winner’ strategy. Combined with possible crowding-out effects, such strategy may prove to be counterproductive for a country with a less well developed national innovation system.
Keywords: Industry-science cooperation; Innovation policy; Public support; Policy evaluation; Emerging economy (search for similar items in EconPapers)
JEL-codes: D22 L2 O31 O38 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:124:y:2021:i:c:p:519-528
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