Does government funding complement or substitute private research funding to universities?
AbstractThere is growing political pressure on universities to intensify their interaction with industry and to enlarge their own research funding options, in a context characterised by increasing constraints on public spending. However, whether the successful achievement of such a political desired outcome is consistent with a restriction of government funding is not clear and requires further investigation. As a matter of fact, there is scant empirical evidence on whether and to what extent government funding affects the external funding options available to universities, in particular those related to research and consulting activities. By using a set of probit and tobit panel data models estimated on financial data for the whole population of Italian university departments engaged in research in the Engineering and Physical Sciences, this paper provides evidence that government funding to universities complements funding from research contracts and consulting, contributing to increasing universities’ collaboration with industry and activating knowledge transfer processes.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Elsevier in its journal Research Policy.
Volume (Year): 42 (2013)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://www.elsevier.com/locate/respol
University; Collaboration; Technology and knowledge transfer; Research funding; Third mission;
Find related papers by JEL classification:
- L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
- L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Aldo Geuna & Alessandro Muscio, 2008. "The governance of University knowledge transfer," SPRU Working Paper Series 173, SPRU - Science and Technology Policy Research, University of Sussex.
- Van Looy, Bart & Ranga, Marina & Callaert, Julie & Debackere, Koenraad & Zimmermann, Edwin, 2004. "Combining entrepreneurial and scientific performance in academia: towards a compounded and reciprocal Matthew-effect?," Research Policy, Elsevier, vol. 33(3), pages 425-441, April.
- Wendy Chapple & Andy Lockett & Donald S. Siegel & Mike Wright, 2004.
"Assessing the Relative Performance of U.K. University Technology Transfer Offices: Parametric and Non-Parametric Evidence,"
Rensselaer Working Papers in Economics
0423, Rensselaer Polytechnic Institute, Department of Economics.
- Chapple, Wendy & Lockett, Andy & Siegel, Donald & Wright, Mike, 2005. "Assessing the relative performance of U.K. university technology transfer offices: parametric and non-parametric evidence," Research Policy, Elsevier, vol. 34(3), pages 369-384, April.
- Thursby, Jerry G. & Thursby, Marie C., 2011. "Faculty participation in licensing: Implications for research," Research Policy, Elsevier, vol. 40(1), pages 20-29, February.
- Paul A. David and Bronwyn H. Hall., 2000.
"Heart of Darkness: Modeling Public-Private Funding Interactions Inside the R&D Black Box,"
Economics Working Papers
E00-275, University of California at Berkeley.
- David, Paul A. & Hall, Bronwyn H., 2000. "Heart of darkness: modeling public-private funding interactions inside the R&D black box," Research Policy, Elsevier, vol. 29(9), pages 1165-1183, December.
- Paul A. David & Bronwyn H. Hall, 2001. "Heart of Darkness: Modeling Public-Private Funding Interactions Inside the R&D Black Box," Public Economics 0012001, EconWPA.
- Paul A. David & Bronwyn H. Hall, 2000. "Heart of Darkness: Modeling Public-Private Funding Interactions Inside the R&D Black Box," NBER Working Papers 7538, National Bureau of Economic Research, Inc.
- David, Paul A. & Hall, Bronwyn H., 2000. "Heart of Darkness: Modeling Public-Private Funding Interactions Inside the R&D Black Box," Department of Economics, Working Paper Series qt5g29w0xq, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Bozeman, Barry & Gaughan, Monica, 2007. "Impacts of grants and contracts on academic researchers' interactions with industry," Research Policy, Elsevier, vol. 36(5), pages 694-707, June.
- Gulbrandsen, Magnus & Mowery, David & Feldman, Maryann, 2011. "Introduction to the special section: Heterogeneity and university-industry relations," Research Policy, Elsevier, vol. 40(1), pages 1-5, February.
- Connolly, Laura S., 1997. "Does external funding of academic research crowd out institutional support?," Journal of Public Economics, Elsevier, vol. 64(3), pages 389-406, June.
- Emmanuel Dechenaux & Jerry Thursby & Marie C. Thursby, 2008.
"Inventor Moral Hazard in University Licensing: The Role of Contracts,"
NBER Working Papers
14226, National Bureau of Economic Research, Inc.
- Dechenaux, Emmanuel & Thursby, Jerry & Thursby, Marie, 2011. "Inventor moral hazard in university licensing: The role of contracts," Research Policy, Elsevier, vol. 40(1), pages 94-104, February.
- Friedman, Joseph & Silberman, Jonathan, 2003. " University Technology Transfer: Do Incentives, Management, and Location Matter?," The Journal of Technology Transfer, Springer, vol. 28(1), pages 17-30, January.
- Jeffrey M. Wooldridge, 2005.
"Simple solutions to the initial conditions problem in dynamic, nonlinear panel data models with unobserved heterogeneity,"
Journal of Applied Econometrics,
John Wiley & Sons, Ltd., vol. 20(1), pages 39-54.
- Jeffrey M Wooldridge, 2002. "Simple solutions to the initial conditions problem in dynamic, nonlinear panel data models with unobserved heterogeneity," CeMMAP working papers CWP18/02, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Auranen, Otto & Nieminen, Mika, 2010. "University research funding and publication performance--An international comparison," Research Policy, Elsevier, vol. 39(6), pages 822-834, July.
- Markus Perkmann & Kathryn Walsh, 2009.
"The two faces of collaboration: impacts of university-industry relations on public research,"
Industrial and Corporate Change,
Oxford University Press, vol. 18(6), pages 1033-1065, December.
- Markus Perkmann & Kathryn Walsh, 2010. "The Two Faces of Collaboration: Impacts of University-Industry Relations on Public Research," DRUID Working Papers 10-03, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- Alessandro Muscio, 2010. "What drives the university use of technology transfer offices? Evidence from Italy," The Journal of Technology Transfer, Springer, vol. 35(2), pages 181-202, April.
- Perkmann, Markus & Walsh, Kathryn, 2008. "Engaging the scholar: Three types of academic consulting and their impact on universities and industry," Research Policy, Elsevier, vol. 37(10), pages 1884-1891, December.
- Arthur M. Diamond, 1999. "Does Federal Funding "Crowd In" Private Funding Of Science?," Contemporary Economic Policy, Western Economic Association International, vol. 17(4), pages 423-431, October.
- Franz Strehl & Sabine Reisinger & Michael Kalatschan, 2007. "Funding Systems and their Effects on Higher Education Systems," OECD Education Working Papers 6, OECD Publishing.
- Gulbrandsen, Magnus & Smeby, Jens-Christian, 2005. "Industry funding and university professors' research performance," Research Policy, Elsevier, vol. 34(6), pages 932-950, August.
- Pavitt, K, 2001. "Public Policies to Support Basic Research: What Can the Rest of the World Learn from US Theory and Practice? (And What They Should Not Learn)," Industrial and Corporate Change, Oxford University Press, vol. 10(3), pages 761-79, September.
- Diana Hicks & Anthony Breitzman & Kimberly Hamilton & Francis Narin, 2000. "Research excellence and patented innovation," Science and Public Policy, Oxford University Press, vol. 27(5), pages 310-320, October.
- Beath, John & Owen, Robert F. & Poyago-Theotoky, Joanna & Ulph, David, 2003. "Optimal incentives for income-generation in universities: the rule of thumb for the Compton tax," International Journal of Industrial Organization, Elsevier, vol. 21(9), pages 1301-1322, November.
- Albert N. Link & John T. Scott, 2007. "The economics of university research parks," Oxford Review of Economic Policy, Oxford University Press, vol. 23(4), pages 661-674, Winter.
- Arvanitis, Spyros & Kubli, Ursina & Woerter, Martin, 2008. "University-industry knowledge and technology transfer in Switzerland: What university scientists think about co-operation with private enterprises," Research Policy, Elsevier, vol. 37(10), pages 1865-1883, December.
- Geuna, Aldo & Nesta, Lionel J.J., 2006. "University patenting and its effects on academic research: The emerging European evidence," Research Policy, Elsevier, vol. 35(6), pages 790-807, July.
- Muscio, Alessandro & Nardone, Gianluca, 2012. "The determinants of university–industry collaboration in food science in Italy," Food Policy, Elsevier, vol. 37(6), pages 710-718.
- Aiello, Francesco & Pupo, Valeria & Ricotta, Fernanda, 2013. "Firm heterogeneity in TFP, sectoral innovation and geography. Evidence from Italy," MPRA Paper 48573, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If references are entirely missing, you can add them using this form.