The innovative impact of public research institutes: Evidence from Italy

Simone Robbiano

Research Policy, 2022, vol. 51, issue 10

Abstract: This paper leverages on the establishment of Italian Institute of Technology (IIT) as a policy change useful to understand the causal effect of public-funded research centres on the regional innovative capacity. By relying on the Synthetic Control Method (SCM) approach and Italian NUTS-3 panel data, empirical results suggest that the establishment of IIT has positively impacted on regional innovation and high-skilled human capital, as well as on regional growth. The paper also provides evidence of knowledge spillovers from IIT within the hosting region. Finally, these results are robust to a variety of placebo permutation tests as well as several sensitivity checks, or when considering a Difference-in-Differences (DiD) approach.

Keywords: Public research institutes; Regional innovation; Regional human capital; Knowledge spillovers; Synthetic control method; Difference in differences (search for similar items in EconPapers)
JEL-codes: I23 O30 O31 R11 R58 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:51:y:2022:i:10:s0048733322000907

DOI: 10.1016/j.respol.2022.104567

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