The effects of university academic research on firm’s propensity to innovate at local level: evidence from Europe
Ornella Maietta and
Roberto Zotti ()
Additional contact information
Roberto Zotti: University of Torino - Campus Luigi Einaudi
The Journal of Technology Transfer, 2021, vol. 46, issue 2, No 10, 483-530
Abstract Universities have become key elements in building regional innovation systems. However, even though academic research is important when firms choose universities as collaboration partners, a still open question in the literature is whether only top-tier universities are relevant for firm innovativeness. This paper investigates the effect of the volume of scientific publications on firm’s propensity to develop new product and processes and to what extent academic research has to be excellent in order to enhance local industrial innovation, taking into account that education may act as a channel of local university-based knowledge spillovers. Using data on manufacturing firms in seven European countries covering the period 2007–2009, a multivariate probit model is estimated to relate firm’s propensity to develop innovation to the level of provincial academic research and education. Results show that academic research has a direct impact on the firm’s propensity to develop innovation. Research at the second-tier university impacts product innovation more than that at first-tier one. Furthermore, the research output of the first-tier university exerts a detrimental effect on the development of process innovation whereas the research output of third- and lower-tier universities is beneficial. Research excellence, although very important, is not sufficient to explain university-based knowledge spillovers. It may be the case that academic research may enhance radical innovation of relatively few firms working on cutting-edge research, whereas less advanced academic research may be directly useful to incremental innovation of most local firms.
Keywords: Product and process innovation; Firm R&D collaboration; Scopus publications; Academic ranking of world universities; Regional innovation systems (search for similar items in EconPapers)
JEL-codes: D22 I23 O3 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s10961-020-09791-9 Abstract (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kap:jtecht:v:46:y:2021:i:2:d:10.1007_s10961-020-09791-9
Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10961/PS2
Access Statistics for this article
The Journal of Technology Transfer is currently edited by Albert N. Link, Donald S. Siegel, Barry Bozeman and Simon Mosey
More articles in The Journal of Technology Transfer from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().