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Joint Ventures, Universities, and Success in the Advanced Technology Program

Author

Listed:
  • Michael R. Darby
  • Lynne G. Zucker
  • Andrew Wang

Abstract

America's most innovative firms (with 40%+ of U.S. patents assigned to U.S. entities during 1988–96) participate, often repeatedly, in the Commerce Department's Advanced Technology Program (ATP). Participation significantly increases firms’innovation (patenting) while receiving ATP support versus before and after. Firms generally increase patenting by 5–30 patents per year when participating—up 4 to 25% from before participation. University participation in a project increases firm patenting. Funding amount matters for single participants (often startups with small R&D budgets) with positive impact limited to firms with large grants. For joint ventures, participation is more important than funding level. (JEL O3, H5, L24)

Suggested Citation

  • Michael R. Darby & Lynne G. Zucker & Andrew Wang, 2004. "Joint Ventures, Universities, and Success in the Advanced Technology Program," Contemporary Economic Policy, Western Economic Association International, vol. 22(2), pages 145-161, April.
    • Handle: RePEc:bla:coecpo:v:22:y:2004:i:2:p:145-161
    DOI: 10.1093/cep/byh011
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    References listed on IDEAS

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    Citations

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    3. Nishimura, Junichi & Okamuro, Hiroyuki, 2011. "Subsidy and networking: The effects of direct and indirect support programs of the cluster policy," Research Policy, Elsevier, vol. 40(5), pages 714-727, June.
    4. Robin, Stéphane & Schubert, Torben, 2013. "Cooperation with public research institutions and success in innovation: Evidence from France and Germany," Research Policy, Elsevier, vol. 42(1), pages 149-166.
    5. Junichi Nishimura & Hiroyuki Okamuro, 2016. "Knowledge and rent spillovers through government-sponsored R&D consortia," Science and Public Policy, Oxford University Press, vol. 43(2), pages 207-225.
    6. Marian Negoita & Annelies Goger, 2024. "State-Level Policies to Incentivize Workplace Learning: Impacts of a California Publicly Funded Employee Training Program," Economic Development Quarterly, , vol. 38(1), pages 15-24, February.
    7. Eran Binenbaum, 2005. "Towards a Relational Economics," School of Economics and Public Policy Working Papers 2005-04, University of Adelaide, School of Economics and Public Policy.
    8. Daniela Rupo & Mirko Perano & Giovanna Centorrino & Alfonso Vargas-Sanchez, 2018. "A Framework Based on Sustainability, Open Innovation, and Value Cocreation Paradigms—A Case in an Italian Maritime Cluster," Sustainability, MDPI, vol. 10(3), pages 1-28, March.
    9. Enrique Acebo & José-Ángel Miguel-Dávila & Mariano Nieto, 2021. "The Impact of University–Industry Relationships on Firms’ Performance: A Meta-Regression Analysis," Science and Public Policy, Oxford University Press, vol. 48(2), pages 276-293.
    10. Busom, Isabel & Fernández-Ribas, Andrea, 2008. "The impact of firm participation in R&D programmes on R&D partnerships," Research Policy, Elsevier, vol. 37(2), pages 240-257, March.
    11. Mary Walshok & Josh Shapiro & Nathan Owens, 2014. "Transnational innovation networks aren’t all created equal: towards a classification system," The Journal of Technology Transfer, Springer, vol. 39(3), pages 345-357, June.
    12. Nishimura, Junichi & Okamuro, Hiroyuki, 2018. "Internal and external discipline: The effect of project leadership and government monitoring on the performance of publicly funded R&D consortia," Research Policy, Elsevier, vol. 47(5), pages 840-853.
    13. Hiroyuki Okamuro & Junichi Nishimura, 2015. "Not just financial support? Another role of public subsidy in university-industry research collaborations," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 24(7), pages 633-659, October.

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    More about this item

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures

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