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Do Firms Benefit from University Research? Evidence from Italy

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  • Paola Cardamone

    (University of Calabria)

  • Valeria Pupo

    (University of Calabria)

  • Fernanda Ricotta

    (University of Calabria)

Abstract

The aim of this paper is to assess the effect of university research on total factor productivity in Italy. The impact of universities on firms’ performance is highly complex, nevertheless we shall attempt to verify how geographical location, sector and firm size may influence this relationship. Results show that university R&D does not seem to affect firm productivity, yet if we consider geographical location and sector, we find that universities have a positive effect on the performance of firms located in the North of Italy and on firms operating in the specialised supplier sector. Several robustness checks confirm the significant role played by universities especially in the North of Italy. Finally, the policy implications of these findings are discussed.

Suggested Citation

  • Paola Cardamone & Valeria Pupo & Fernanda Ricotta, 2016. "Do Firms Benefit from University Research? Evidence from Italy," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 2(3), pages 445-471, November.
  • Handle: RePEc:spr:italej:v:2:y:2016:i:3:d:10.1007_s40797-016-0035-x
    DOI: 10.1007/s40797-016-0035-x
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    1. Fredrik Niclas Piro, 2019. "The R&D composition of European countries: concentrated versus dispersed profiles," Scientometrics, Springer;Akadémiai Kiadó, vol. 119(2), pages 1095-1119, May.

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    More about this item

    Keywords

    University; R&D; Total factor productivity;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

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