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Research and Development at U.S. Research Universities: An Analysis of Scope Economies

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Author Info
Kim, Kwansoo
Barham, Bradford
Chavas, Jean-Paul
Foltz, Jeremy

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Abstract

This 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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Publisher Info
Paper 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.

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Date of creation: 2005
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Handle: RePEc:ags:aaea05:19147

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Related research
Keywords: Research and Development/Tech Change/Emerging Technologies;

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References listed on IDEAS
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.:
  1. Milgrom, Paul & Roberts, John, 1990. "The Economics of Modern Manufacturing: Technology, Strategy, and Organization," American Economic Review, American Economic Association, vol. 80(3), pages 511-28, June. [Downloadable!] (restricted)
  2. Bronwyn H. Hall & Albert N. Link & John T. Scott, 2001. "Universities as Research Partners," Development and Comp Systems 0012001, EconWPA. [Downloadable!]
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  3. Richard Jensen & Marie Thursby, 2001. "Proofs and Prototypes for Sale: The Licensing of University Inventions," American Economic Review, American Economic Association, vol. 91(1), pages 240-259, March. [Downloadable!] (restricted)
  4. Folts, Jeremy & Barham, Bradford L. & Chavas, Jean-Paul & Kim, Kwansoo, 2005. "Efficiency and Technological Change at U.S. Research Universities," Staff Paper Series 486, University of Wisconsin, Agricultural and Applied Economics. [Downloadable!]
  5. Chambers, Robert G. & Chung, Yangho & Fare, Rolf, 1996. "Benefit and Distance Functions," Journal of Economic Theory, Elsevier, vol. 70(2), pages 407-419, August. [Downloadable!] (restricted)
  6. Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-70, December. [Downloadable!] (restricted)
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  1. Cherchye, Laurens & De Rock, Bram & Vermeulen, Frederic, 2006. "Analyzing cost efficient production behavior under economies of scope : a nonparametric methodology," Discussion Paper 81, Tilburg University, Center for Economic Research. [Downloadable!]
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