Do Firms Benefit from University Research? Evidence from Italy
Paola Cardamone (),
Valeria Pupo () and
Fernanda Ricotta
Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, 2016, vol. 2, issue 3, No 7, 445-471
Abstract:
Abstract The aim of this paper is to assess the effect of university research on total factor productivity in Italy. The impact of universities on firms’ performance is highly complex, nevertheless we shall attempt to verify how geographical location, sector and firm size may influence this relationship. Results show that university R&D does not seem to affect firm productivity, yet if we consider geographical location and sector, we find that universities have a positive effect on the performance of firms located in the North of Italy and on firms operating in the specialised supplier sector. Several robustness checks confirm the significant role played by universities especially in the North of Italy. Finally, the policy implications of these findings are discussed.
Keywords: University; R&D; Total factor productivity (search for similar items in EconPapers)
JEL-codes: C21 D24 O30 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:italej:v:2:y:2016:i:3:d:10.1007_s40797-016-0035-x
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DOI: 10.1007/s40797-016-0035-x
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