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A matching model of university–industry collaborations

Listed author(s):
  • Giorgio Calcagnini

    ()

  • Germana Giombini
  • Paolo Liberati
  • Giuseppe Travaglini

In this paper, we present a model of university–industry collaborations with heterogeneous agents. It develops one of the original intuitions by Leyden and Link (Small Bus Econ 41:797–817. doi: 10.1007/s11187-013-9507-7 , 2013b ) about the mechanisms by which innovative firms search for collaborative research partners. We study the characteristics of the matching process between universities and innovative firms that makes this exchange in technology transfer (TT) either efficient or unfeasible. We show that the functioning of the TT market implies dual-trading externalities. These arise because there is a high probability that a firm searching for a university collaboration will not meet a suitable researcher, and another positive probability that an unemployed researcher will not find a suitable innovative firm, whatever the market prices and the costs are. According to the matching model literature, we refer to these externalities as congestion. Copyright Springer Science+Business Media New York 2016

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Article provided by Springer in its journal Small Business Economics.

Volume (Year): 46 (2016)
Issue (Month): 1 (January)
Pages: 31-43

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Handle: RePEc:kap:sbusec:v:46:y:2016:i:1:p:31-43
DOI: 10.1007/s11187-015-9672-y
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  1. Valentina Tartari & Stefano Breschi, 2012. "Set them free: scientists' evaluations of the benefits and costs of university--industry research collaboration," Industrial and Corporate Change, Oxford University Press, vol. 21(5), pages 1117-1147, October.
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  11. Robert E. Litan & Lesa Mitchell & E. J. Reedy, 2008. "Commercializing University Innovations: Alternative Approaches," NBER Chapters,in: Innovation Policy and the Economy, Volume 8, pages 31-57 National Bureau of Economic Research, Inc.
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  13. Alessandro Muscio & Giovanna Vallanti, 2014. "Perceived Obstacles to University-Industry Collaboration: Results from a Qualitative Survey of Italian Academic Departments," Industry and Innovation, Taylor & Francis Journals, vol. 21(5), pages 410-429, July.
  14. Link, Albert N. & Scott, John T., 2005. "Universities as partners in U.S. research joint ventures," Research Policy, Elsevier, vol. 34(3), pages 385-393, April.
  15. Perkmann, Markus & Tartari, Valentina & McKelvey, Maureen & Autio, Erkko & Broström, Anders & D’Este, Pablo & Fini, Riccardo & Geuna, Aldo & Grimaldi, Rosa & Hughes, Alan & Krabel, Stefan & Kitson, Mi, 2013. "Academic engagement and commercialisation: A review of the literature on university–industry relations," Research Policy, Elsevier, vol. 42(2), pages 423-442.
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