Advanced Search
MyIDEAS: Login

Does Government Research Funding to Universities substitute, Complement or leverage Industry Funding?

Contents:

Author Info

  • Alessandro Muscio

    ()
    (University of Foggia)

  • Davide Quaglione

    ()
    (University "G. D'annunzio" of Chieti-Pescara)

  • Giovanna Vallanti

    ()
    (LUISS Guido Carli University and CeLEG)

Abstract

There is increasing political pressures on universities to raise research funding from industry and contribute actively to economic development. However, whether or not promotion of the so called third mission in universities, of interacting with industry, is effective without government funding remains an open question, and we do not know whether government funding ‘crowds-out’ or ‘crowds-in’ business funding. In this paper we argue that government funding provides universities with the vital resources to carry out research activities whose results can be transferred at a later stage to industry, leveraging private funding. It is inevitable, therefore, that without government support to academic institutions knowledge transfer activities will be hampered, and financial cuts to universities may reduce rather than foster their self-financing capability. The empirical analysis presented in this paper is based on financial data for the whole population of Italian university departments engaged in research in the Engineering and Physical Sciences. Based on a set of probit and tobit cross-section and panel data models this paper investigates the impact of different forms of public funding to university departments, on their abilities to attract private funding.

Download Info

If 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.
File URL: http://static.luiss.it/RePEc/pdf/celegw/1006.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Dipartimento di Economia e Finanza, LUISS Guido Carli in its series Working Papers CELEG with number 1006.

as in new window
Length:
Date of creation: 2010
Date of revision:
Handle: RePEc:lui:celegw:1006

Contact details of provider:
Postal: Viale Romania 32 - 00197 Roma
Phone: 06 85225.550
Fax: 06 85225.973
Email:
Web page: http://ricerca.economiaefinanza.luiss.it/
More information through EDIRC

Related research

Keywords: University; Collaboration; Technology transfer; Research funding;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:lui:celegw:1006. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Paolo Giordani).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.