Does Knowledge Diffusion between University and Industry Increase Innovativeness?
Hans Lööf () and
No 21, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies
This paper rigorously explores the impact of firm’s collaboration with universities on innovation. Specifically, using a representative dataset of manufacturing and service firms we have applied recent matching techniques to examine the hypotheses that whether academic knowledge has a positive impact on innovative sales and the propensity to apply for patents. Econometrically, the paper illustrates the differences that emerge from different matching estimators and samples. On balance, we find robust evidence that university collaboration positively influences innovative performance for large manufacturing firms. In contrast, whatever estimator is chosen, the data show no significant association between university collaboration and the average service firm’s innovation sales or propensity to apply for patents.
Keywords: R&D investment; innovation; patents; industry-university link; matching methods. (search for similar items in EconPapers)
JEL-codes: C24 L10 O30 O31 O38 O40 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2004-12-02, Revised 2006-01-26
New Economics Papers: this item is included in nep-ent and nep-ino
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Forthcoming in Journal of Technology Transfer, 2006.
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Journal Article: Does knowledge diffusion between university and industry increase innovativeness? (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:cesisp:0021
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