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Does Cooperation with Universities and KIBS Matter? Firm-level Evidence from Spain

Andrés Barge-Gil and Carlos Vivas-Augier

MPRA Paper from University Library of Munich, Germany

Abstract: This manuscript contributes to the literature on firm cooperation with universities and KIBS by framing the analysis according to the literature on causal effects, comparing the effect of the two different agents and exploring which firms benefit more from cooperation with a specific partner. Results shows that the lower bound for the effect is around 27-30% increase in sales from new products for both types of partners. After covariates and fixed effects are used, it is found that this effect is not likely driven by time-varying unobservable factors. Moreover, we show 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: 2019-11-12
New Economics Papers: this item is included in nep-eur, nep-sbm and nep-tid
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