Research and Development at U.S. Research Universities: An Analysis of Scope Economies
AbstractThis paper investigates the presence and sources of economies of scope in R&D production at U.S. research universities. The analysis evaluates the tradeoffs or synergies arising between traditional university research outputs (articles and doctorates) and a more recent and burgeoning output: academic patents. Using a shortage function, we propose a decomposition of economies of scope (decomposition which includes complementarity effects and scale effects). R&D input and output data from 92 public and private research universities are used to obtain non-parametric estimates of scope economies. The results show significant variations in economies of scope and sources by size and type of university.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2005 Annual meeting, July 24-27, Providence, RI with number 19147.
Date of creation: 2005
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Other versions of this item:
- Kim, Kwansoo & Barham, Bradford L. & Chavas, Jean-Paul & Foltz, Jeremy, 2005. "Research and Development at U.S. Research Universities: An Analysis of Scope Economies," Staff Paper Series 487, University of Wisconsin, Agricultural and Applied Economics.
- C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
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