From Public Labs to Private Firms: Magnitude and Channels of R&D Spillovers
Antonin Bergeaud,
Arthur Guillouzouic,
Emeric Henry and
Clément Malgouyres
No 17487, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
Introducing a new measure of scientific proximity between private firms and public research groups and exploiting a multi-billion euro financing program of academic clusters in France, we provide causal evidence of spillovers from academic research to private sector firms. Firms in the top quartile of exposure to the funding shock increase their R&D effort by 20% compared to the bottom quartile. We exploit reports produced by funded clusters, complemented by data on labor mobility and R&D public--private partnerships, to provide evidence on the channels for these spillovers. We show that spillovers are driven by contracting between the private and public sectors and, to a lesser extent, by labor mobility from one to the other and by informal contacts. We discuss the policy implications of these findings.
Keywords: Knowledge spillovers; Policy instruments; Technological distance (search for similar items in EconPapers)
JEL-codes: O32 O38 R12 (search for similar items in EconPapers)
Date: 2022-07
References: Add references at CitEc
Citations:
Downloads: (external link)
https://cepr.org/publications/DP17487 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org
Related works:
Working Paper: From public labs to private firms: magnitude and channels of R&D spillovers (2022) 
Working Paper: From public labs to private firms: magnitude and channels of R&D spillovers (2022) 
Working Paper: From public labs to private firms: magnitude and channels of R&D spillovers (2022) 
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:cpr:ceprdp:17487
Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP17487
Access Statistics for this paper
More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().