IDEAS home Printed from https://ideas.repec.org/a/oup/qjecon/v140y2025i4p3233-3282..html
   My bibliography  Save this article

From Public Labs to Private Firms: Magnitude And Channels of Local R&D Spillovers

Author

Listed:
  • Antonin Bergeaud
  • Arthur Guillouzouic
  • Emeric Henry
  • Clément Malgouyres

Abstract

Introducing a new measure of scientific proximity between private firms and public research groups and exploiting a multibillion-euro financing program of academic clusters in France, we provide causal evidence of local spillovers from academic research to firms in the private sector. Our main estimate suggests that each €1 spent in academic research through this program spurred an additional €0.81 in private R&D expenditures. We also show that this shock increased the average quality of patents. We exploit reports produced by funded clusters, complemented by data on firm creation, labor mobility, and R&D public–private partnerships, to provide evidence on the channels for these spillovers. We discuss the policy implications of funding academic research to stimulate private R&D.

Suggested Citation

  • Antonin Bergeaud & Arthur Guillouzouic & Emeric Henry & Clément Malgouyres, 2025. "From Public Labs to Private Firms: Magnitude And Channels of Local R&D Spillovers," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 140(4), pages 3233-3282.
    • Handle: RePEc:oup:qjecon:v:140:y:2025:i:4:p:3233-3282.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/qje/qjaf034
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:qjecon:v:140:y:2025:i:4:p:3233-3282.. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/qje .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.