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The heterogeneity of knowledge and the academic mode of knowledge governance: Italian evidence in the first part of the 20th century

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  • Cristiano Antonelli
  • Claudio Fassio

Abstract

This paper considers university–industry relations, identifying the heterogeneity of academic knowledge with respect to economic growth and analysing its implication for the working of the academic mode of knowledge governance. It provides unique historical evidence on the differentiated effects of academic spillovers, using professorial chairs distinguished by disciplinary field, as a proxy, for the total factor productivity growth. The results shed light on the impacts of the various disciplines on economic growth. The increase in the number of chairs in engineering and chemistry contributed most to the growth in the total factor productivity. This is consistent with the historical context, characterized by the radical transformation of a backward agricultural economy into a highly industrialized, prosperous one. The results of this analysis stress the need to control and direct the composition of the bundle of types of knowledge generated by the academic system with the support of public subsidies.

Suggested Citation

  • Cristiano Antonelli & Claudio Fassio, 2014. "The heterogeneity of knowledge and the academic mode of knowledge governance: Italian evidence in the first part of the 20th century," Science and Public Policy, Oxford University Press, vol. 41(1), pages 15-28.
  • Handle: RePEc:oup:scippl:v:41:y:2014:i:1:p:15-28.
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    File URL: http://hdl.handle.net/10.1093/scipol/sct030
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    Cited by:

    1. Fassio, Claudio & Geuna, Aldo & Rossi, Federica, 2014. "The Contribution of Academic Knowledge to the Value of Industry Inventions: Micro level evidence from patent inventors," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201408, University of Turin.
    2. repec:mje:mjejnl:v:12:y:2016:i:3:p:101-114 is not listed on IDEAS
    3. Antonelli, Cristiano & David, Paul, 2015. "The Economic Properties of Information and Knowledge: An Introduction," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201509, University of Turin.
    4. Antonelli, Cristiano & David, Paul, 2015. "Knowledge, Institutions and Economic Policy: An Introduction," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201541, University of Turin.

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