The impact of money on science: Evidence from unexpected NCAA football outcomes

Haris Tabakovic and Thomas G. Wollmann

Journal of Public Economics, 2019, vol. 178, issue C

Abstract: How productive are university research investments, and do the resulting pools of knowledge create valuable, downstream technology — or simply accumulate in the “ivory tower”? This paper uses unexpected NCAA athletic outcomes to vary research support to university faculty and estimate knowledge productivity. We find positive, significant effects of research expenditures on articles published and patents filed. Then, using data on university technology licensing income, we show that these investments produce large returns in real terms.

Keywords: Productivity; Knowledge production; Research and development; Patents; Licensing (search for similar items in EconPapers)
JEL-codes: D24 I23 O31 O32 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:pubeco:v:178:y:2019:i:c:s0047272719301276

DOI: 10.1016/j.jpubeco.2019.104066

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