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Universities, Joint Ventures, and Success in the Advanced Technology Program

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  • Michael R. Darby
  • Lynne G. Zucker
  • Andrew Wang

Abstract

America's most innovative firms participate in the U.S. Commerce Department's Advanced Technology Program (ATP) those that participated at least once accounted for over 40 percent of U.S. patents to U.S. entities during 1988-1996. Many firms are repeat participants. ATP participation has significant and robust effects on innovation in firms, generally increasing firms' patenting during the time they are receiving ATP support, when compared to patenting by the same firms prior to and after the ATP award. ATP participation increases firms' patenting on average by between 5 and 30 patents per year during the period of ATP participation. This represents a 4 to 25 percent increase in firms' patenting compared to the period before ATP participation. Furthermore, joint-venture (JV) project participation and university participation in a project both appear to have a positive impact on firm patenting. The amount of funding received by the firm is crucial for single participants, with the positive impact concentrated in those firms with large grants. Single participants are more likely than JV members to be small startups for which ATP funding is large relative to the total R&D budget. For JV participants, participation is more important than the level of funding.

Suggested Citation

  • Michael R. Darby & Lynne G. Zucker & Andrew Wang, 2003. "Universities, Joint Ventures, and Success in the Advanced Technology Program," NBER Working Papers 9463, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:9463
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    References listed on IDEAS

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    Cited by:

    1. Parisa Pourkarimi & Gamal Atallah, 2020. "Cooperative R&D With Differentiated Products In Vertically Related Industries," Economic Review: Journal of Economics and Business, University of Tuzla, Faculty of Economics, vol. 18(2), pages 3-16, November.
    2. Andy Cosh & Xiaolan Fu & Alan Hughes, 2005. "Management characteristics, collaboration and innovative efficiency: evidence from UK survey data," Working Papers wp311, Centre for Business Research, University of Cambridge.
    3. Shahid Yusuf & Kaoru Nabeshima, 2009. "Growth through Innovation : An Industrial Strategy for Shanghai," World Bank Publications - Reports 18613, The World Bank Group.
    4. Goldberg , Mike & Palladini, Eric, 2008. "Chile : a strategy to promote innovative small and medium enterprises," Policy Research Working Paper Series 4518, The World Bank.
    5. Fu, Xiaolan, 2012. "How does openness affect the importance of incentives for innovation?," Research Policy, Elsevier, vol. 41(3), pages 512-523.
    6. Lynne G. Zucker & Michael R. Darby, 2003. "Measuring Success of Advanced Technology Program Participation Using Archival Data," NBER Working Papers 9780, National Bureau of Economic Research, Inc.
    7. Andreja Jaklic & Joze P. Damijan & Matija Rojec, 2008. "Innovation Cooperation and Innovation Activity of Slovenian Enterprises," LICOS Discussion Papers 20108, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    8. Roberto ESPOSTI, 2003. "Complementarita' innovative e tragedia degli anticommons. Il caso delle agrobiotecnologie," Working Papers 198, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.

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    More about this item

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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