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Knowledge and rent spillovers through government-sponsored R&D consortia

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  • Nishimura, Junichi
  • Okamuro, Hiroyuki

Abstract

R&D consortia (collaborative R&D projects among private firms, universities, and public research institutes) have been attracting increasing attention as an effective means of promoting innovation. Especially for SMEs, such collaboration provides important opportunities to access and obtain advanced scientific knowledge generated by universities and public research institutes. It is expected that not only the participants in R&D consortia will enhance their performance, through direct knowledge spillovers, but also that the business partners of consortia members may enjoy indirect effects (rent spillovers), through their business transactions. This paper empirically examines the spillover effects through government-sponsored R&D consortia using firm-level data and the propensity score method. Focusing on a major support program for R&D consortia in Japan, the “Consortium R&D Project for Regional Revitalization” by METI, we confirm that there are both direct (knowledge) spillover effects from firms’ participation in this program and indirect (rent) spillover effects on the customer firms of the consortia members. Moreover, by comparing SMEs and large firms, we find that only SMEs obtain knowledge spillovers in R&D consortia, whereas, among their customers, only large firms enjoy rent spillovers.

Suggested Citation

  • Nishimura, Junichi & Okamuro, Hiroyuki, 2013. "Knowledge and rent spillovers through government-sponsored R&D consortia," Working Paper Series 24, Center for Interfirm Network, Institute of Economic Research, Hitotsubashi University.
  • Handle: RePEc:hit:cinwps:24
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    1. repec:eee:tefoso:v:127:y:2018:i:c:p:85-96 is not listed on IDEAS
    2. repec:spr:joevec:v:27:y:2017:i:3:d:10.1007_s00191-017-0495-7 is not listed on IDEAS
    3. repec:kap:jtecht:v:42:y:2017:i:6:d:10.1007_s10961-016-9528-x is not listed on IDEAS
    4. repec:eee:respol:v:47:y:2018:i:5:p:840-853 is not listed on IDEAS
    5. OKAMURO, Hiroyuki & NISHIMURA, Junichi, 2015. "Governance and Performance of Publicly Funded R&D Consortia," CCES Discussion Paper Series 60, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University.

    More about this item

    Keywords

    R&D consortia; business transaction; knowledge spillover; rent spillover; SME; policy evaluation;

    JEL classification:

    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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