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First, Second and Third Tier Universities: Academic Excellence, Local Knowledge Spillovers and Innovation in Europe

Cristian Barra, Ornella Maietta and Roberto Zotti ()

CSEF Working Papers from Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy

Abstract: This paper aims to study the drivers of innovation and of university-industry collaboration in the European manufacturing sector, specifically focusing on the extent to which academic excellence may enhance the capacity of firms to develop new products and processes. It shows that academic research has an important direct impact on the firm’s propensity to develop innovation, apart from the indirect effect of academic excellence on partner choice in university-industry R&D collaboration. The results also suggest that the research at lower tier universities has an impact on business innovation and that there is a strong case in favour of public funding also to less prestigious academic institutions.

Keywords: University–industry interaction; R&D collaboration; Product and process innovation; Academic research quality; University education (search for similar items in EconPapers)
JEL-codes: O3 I23 D22 R1 (search for similar items in EconPapers)
Date: 2017-02-25
New Economics Papers: this item is included in nep-cse, nep-eur, nep-geo, nep-ino, nep-knm, nep-ppm and nep-sbm
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Published with the title "Academic Excellence, Local Knowledge Spillovers and Innovation in Europe" in Regional Studies, doi: https://doi.org/10.1080/00343404.2018.1540865

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