Measuring the impact of US research consortia
This paper empirically evaluates the impact of the US Advanced Technology Program-sponsored consortia on the ex-post research productivity of participating firms. We find that there is a positive association between the intensity of participation in research consortia and the overall research productivity of participants. We also find a positive impact of consortia on the research productivity of participants in the technological areas targeted by the consortia. This positive impact is higher when the average technological proximity of participants is high. There is evidence that large, R&D intensive firms tend to benefit more from participation in consortia. Copyright © 2003 John Wiley & Sons, Ltd.
Volume (Year): 24 (2003)
Issue (Month): 2-3 ()
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