Knowledge and rent spillovers through government-sponsored R&D consortia

Junichi Nishimura and Hiroyuki Okamuro

Science and Public Policy, 2016, vol. 43, issue 2, 207-225

Abstract: This paper empirically examines the spillover effects through government-sponsored R&D consortia (collaborative R&D projects among private firms, universities, and public research institutes) using firm-level data and the propensity score matching method. The participants in R&D consortia are expected to enhance their performance as a result of direct knowledge spillovers. The business partners of the consortia members may also enjoy indirect effects including rent spillovers through their business transactions. Focusing on a major support program for R&D consortia in Japan, the Consortium R&D Project for Regional Revitalization, we confirm that there are both direct (knowledge) spillover effects from the firms’ participation in this program as well as indirect spillover effects on the customer firms of the consortia members. Moreover, by comparing large firms and small and medium-sized enterprises, we find that only the latter benefit from knowledge spillovers in the R&D consortia; among their customers, only large firms enjoy indirect spillover effects.

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

Downloads: (external link)
http://hdl.handle.net/10.1093/scipol/scv028 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Knowledge and rent spillovers through government-sponsored R&D consortia (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:scippl:v:43:y:2016:i:2:p:207-225.

Access Statistics for this article

Science and Public Policy is currently edited by Nicoletta Corrocher, Jeong-Dong Lee, Mireille Matt and Nicholas Vonortas

More articles in Science and Public Policy from Oxford University Press
Bibliographic data for series maintained by Oxford University Press ().