BIG SCIENCE, LEARNING AND INNOVATION: EVIDENCE FROM CERN PROCUREMENT
Anna Giunta (),
Massimo Florio (),
Francesco Giffoni and
Emanuela Sirtori ()
No 225, Departmental Working Papers of Economics - University 'Roma Tre' from Department of Economics - University Roma Tre
We study the way in which public procurement by big research infrastructures enhances suppliers’ performance. Using survey data on 669 CERN suppliers, we built a unique data set to analyse, through an ordered logit model and Bayesian networks, the determinants of suppliers’ sales, profits and development activities. We find that collaborative relations between CERN and its suppliers improve suppliers’ performance and increase positive spill overs along the supply chain. This suggests that public procurement for innovation policies should promote cooperative relations and not only market mechanisms.
Keywords: Big Science; Public Procurement; CERN; Suppliers (search for similar items in EconPapers)
JEL-codes: O31 O33 O38 C11 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-dcm and nep-ino
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Persistent link: https://EconPapers.repec.org/RePEc:rtr:wpaper:0225
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