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University R&D activities and firm innovations

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  • Li, Xiaoying
  • Tan, Ying

Abstract

This paper combines firm R&D activities with local university R&D activities to investigate the spillover effect of universities on firm innovations. First, we find a positive relationship between universities’ total funding and firm innovations in the same city, which is evidence of positive spillovers from university R&D activities. Funding from the government has larger spillovers than funding from other channels. Second, firms’ internal R&D expenditure does not affect the extent to which they obtain spillovers from local university R&D activities. High-tech firms and firms from the main board generally gain larger spillovers from university R&D activities.

Suggested Citation

  • Li, Xiaoying & Tan, Ying, 2020. "University R&D activities and firm innovations," Finance Research Letters, Elsevier, vol. 37(C).
    • Handle: RePEc:eee:finlet:v:37:y:2020:i:c:s1544612319308165
    DOI: 10.1016/j.frl.2019.101364
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    2. Universidad Nacional de Mar del Plata, 2022. "Emprendimientos 4.0: desafíos actuales y futuros. Resultados de investigación y prácticas docentes," Nülan. Deposited Documents 3933, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    3. Lin, Kun, 2023. "The impact of intellectual property protection on business performance of high-tech enterprises: The mediating effect of political-business relations," Finance Research Letters, Elsevier, vol. 54(C).
    4. Ndeye Maty PAYE, 2021. "Digital Teaching/Learning In Covid 19 Time At The University Of The Gambia," Annals of the University of Craiova, Series Psychology, Pedagogy, Teacher Training Department, University of Craiova, vol. 43(1), pages 65-74, June.

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