Do Competitively Acquired Funds Induce Public Research Institutions to Behave Efficiently?
AbstractThis paper analyzes the effect of public and private third-party funds on the efficiency of departments of Swiss public research institutions. Estimating an output distance function assuming that labor is used to produce master students and scientific publications, we find no statistically significant effectcant effect of private or public third-party funding on research effciency. However, once we include technology transfer as an additional output, the coeffcient of private funding is statistically significant. We further find that this disciplining effect of private funding is qualitatively robust in a setting controlling for endogeneity.
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Bibliographic InfoPaper provided by KOF Swiss Economic Institute, ETH Zurich in its series KOF Working papers with number 09-242.
Length: 30 pages
Date of creation: Nov 2009
Date of revision:
Efficiency; Research; University; Technology Transfer; Third-Party Funding; Public Finance;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-01-10 (All new papers)
- NEP-EDU-2010-01-10 (Education)
- NEP-INO-2010-01-10 (Innovation)
- NEP-IPR-2010-01-10 (Intellectual Property Rights)
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