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Endogeneous matching in university-industry collaboration: Theory and empirical evidence from the UK

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Abstract

We develop a two-sided matching model to analyze collaboration between heterogeneous academics and firms. We predict a positive assortative matching in terms of both scientific ability and affinity for type of research, but negative assortative in terms of ability on one side and affinity in the other. In addition, the most able and most applied academics and the most able and most basic firms shall collaborate rather than stay independent. Our predictions receive strong support from the analysis of the teams of academics and firms that propose research projects to the UK's Engineering and Physical Sciences Research Council.

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File URL: https://econ-papers.upf.edu/papers/1379.pdf
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Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 1379.

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Date of creation: Jul 2013
Handle: RePEc:upf:upfgen:1379
Contact details of provider: Web page: http://www.econ.upf.edu/

Keywords: matching; industry-science links; research collaborations; basic versus applied research; complementarity;

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Find related papers by JEL classification:
  • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
  • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions

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Cited by:

  1. Banal-Estañol, Albert & Jofre-Bonet, Mireia & Lawson, Cornelia, 2015. "The double-edged sword of industry collaboration: Evidence from engineering academics in the UK," Research Policy, Elsevier, vol. 44(6), pages 1160-1175.

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