Industry Funding of University Research and Scientific Productivity
| Autor: | Susanne Thorwarth, Hanna Hottenrott |
|---|---|
| Rok vydání: | 2011 |
| Předmět: |
Economics and Econometrics
Economic growth Higher education business.industry media_common.quotation_subject Industry funding Accounting Sample (statistics) Private sector Commercialization Scientific productivity Arts and Humanities (miscellaneous) Economics Technology transfer Quality (business) business media_common |
| Zdroj: | Kyklos. 64:534-555 |
| ISSN: | 0023-5962 |
| DOI: | 10.1111/j.1467-6435.2011.00519.x |
| Popis: | University research provides valuable inputs to industrial innovation. It is therefore not surprising that private sector firms increasingly seek direct access through funding public R&D. This development, however, spurred concerns about possible negative long-run effects on scientific performance. While previous research has mainly focused on a potential crowding-out of scientific publications through commercialization activities such as patenting or the formation of spin-off companies, we study the effects of direct funding from industry on professors’ publication and patenting efforts. Our analysis of a sample of 678 professors at 46 higher education institutions in Germany shows that a higher share of industry funding of a professor’s research budget results in a lower publication outcome both in terms of quantity and quality in subsequent years. For patents, we find that industry funding increases their quality measured by patent citations. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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