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A Hidden Role of Public Subsidy in University-Industry Research Collaborations

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  • Hiroyuki Okamuro
  • Junichi Nishimura

Abstract

Contractual and organizational characteristics of university-industry research collaboration (hereafter UIC) are keys to its success. In this respect, government can play essential roles in UIC: Public subsidy for research and development (hereafter R&D) is not only an important financial support for UIC, but may also be a useful channel to promote trust along with contractual agreements and information sharing among the members, which results in effective coordination and thus the success of UIC. However, few empirical studies investigate the latter role of public R&D subsidy in UIC. Thus, using original survey data, this paper empirically examines and find that public R&D subsidy improves coordination in UIC, including trust formation, contractual agreements, and communication quality between the partners as well as commitment by the partners.

Suggested Citation

  • Hiroyuki Okamuro & Junichi Nishimura, 2011. "A Hidden Role of Public Subsidy in University-Industry Research Collaborations," Global COE Hi-Stat Discussion Paper Series gd10-183, Institute of Economic Research, Hitotsubashi University.
  • Handle: RePEc:hst:ghsdps:gd10-183
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    File URL: http://gcoe.ier.hit-u.ac.jp/research/discussion/2008/pdf/gd10-183.pdf
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    Cited by:

    1. Junichi Nishimura & Hiroyuki Okamuro, 2016. "Knowledge and rent spillovers through government-sponsored R&D consortia," Science and Public Policy, Oxford University Press, vol. 43(2), pages 207-225.
    2. Albert Banal-Estañol & Inés Macho-Stadler & David Pérez-Castrillo, 2011. "Research output from university-industry collaborative projects," Working Papers 2011/23, Institut d'Economia de Barcelona (IEB).
    3. 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

    pubic subsidy; R&D; research collaboration; university; contract; trust;

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