This paper empirically investigates complementarities between different sources of research funding with regard to academic publishing.We find for a sample of UK engineering academics that competitive funding is associated with an increase in ex-post publications but that industry funding...

Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....