Does Cooperation with Universities and Knowledge Intensive Business Services Matter? Firm-level Evidence from Spain

Andrés Barge Gil () and Carlos Vivas-Augier ()
Authors registered in the RePEc Author Service: Andrés Barge-Gil

Revista Galega de Economía, 2024, vol. 33, issue 3, 1-24

Abstract: This manuscript contributes to the literature on firm cooperation with universities and Knowledge Intensive Business Services (KIBS) by framing the analysis according to the literature on causal effects, comparing the effect of each of the agents and exploring which firms benefit the most from cooperation with a specific partner. The results have shown that the bias-adjusted effect is around a 27-30% increase in sales from new products for both types of partners. After covariates and fixed effects are used, it is considered unlikely that this effect is driven by time-varying unobservable factors. Moreover, we have seen that firms that benefit the most from cooperation with universities are different from those firms that benefit the most from cooperation with KIBS.

Keywords: Firm cooperation; Universities; KIBS; Treatment effects; Heterogeneity; Policy matching (search for similar items in EconPapers)
JEL-codes: L24 O32 O33 (search for similar items in EconPapers)
Date: 2024
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