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We study the relationships between corporate R&D and three components of public science: knowledge, human capital, and invention. We identify the relationships through firm-specific exposure to changes in federal agency R\&D budgets that are driven by the political composition of congressional...
Persistent link: https://www.econbiz.de/10014437030
The returns to face-to-face interactions are of central importance to understanding the determinants of agglomeration. However, the existing literature studying patterns of geographic proximity in patent citations or industrial co-location has struggled to disentangle the benefits of...
Persistent link: https://www.econbiz.de/10013334366
ecosystems. Assessing the impact of research institutions on entrepreneurship is challenging, given that these institutions are … measure both the quantity and quality-adjusted quantity of entrepreneurship at the zip-code level on an annual basis. We then … the quality-adjusted quantity of entrepreneurship. In contrast, increases in non-research funding to universities and …
Persistent link: https://www.econbiz.de/10012533395
We study the location-specific component in research productivity of economics and finance faculty who have ever been affiliated with the top 25 universities in the last three decades. We find that there was a positive effect of being affiliated with an elite university in the 1970s; this effect...
Persistent link: https://www.econbiz.de/10012466423
This paper develops a game-theoretic model that predicts when a university invention is commercialized in a start-up firm rather than an established firm. The model predicts that university inventions are more likely to occur in start-ups when the technology transfer officers (TTOs) search cost...
Persistent link: https://www.econbiz.de/10012467204
This article examines the involvement of agricultural and life science faculty at U.S. land grant universities in two types of university-industry relations: academic engagement (sponsored research, industry collaborations, and presentations), academic commercialization (patenting, licensing,...
Persistent link: https://www.econbiz.de/10012479212
This paper explores recent trends in the size of scientific teams and in institutional collaborations. The data derive from 2.4 million scientific papers written in 110 leading U.S. research universities over the period 1981-1999. We measure team size by the number of authors on a scientific...
Persistent link: https://www.econbiz.de/10012468053
University-based scientific research has long been argued to be a central source of commercial innovation and economic growth. Yet at the same time, there have been long-held concerns that many university-based discoveries never realize their potential social benefits. Looking across...
Persistent link: https://www.econbiz.de/10014468269
The United States emerged from World War II as the acknowledged global leader in basic science and its industrial application. While U.S. science has been able to maintain that preeminence in most areas, the nation's technological lead has met increasingly formidable challenges from abroad....
Persistent link: https://www.econbiz.de/10012476553
Firms invest in scientific research to increase their chances of landing lucrative procurement contracts with the U.S. government. This is an important, but understudied channel through which the government encourages corporate research, particularly when other market mechanisms are...
Persistent link: https://www.econbiz.de/10012510523