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Fishing for Complementarities: Competitive Research Funding and Research Productivity

This paper empirically investigates complementarities between different sources of research funding with regard to academic publishing. We find for a sample of UK engineering academics that competitive funding is associated with an increase in ex-post publications but that industry funding decreases the marginal utility of public funding by lowering the publication and citation rate increases associated with public grants. However, when holding all other explanatory variables at their mean, the negative effect of the interaction does not translate into an effective decrease in publication and citation numbers. The paper also shows that the positive effect of public funding is driven by UK research council and charity grants and that EU funding has no significant effect on publication outcomes.

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Paper provided by University of Turin in its series Department of Economics and Statistics Cognetti de Martiis. Working Papers with number 201354.

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Length: 34 pages
Date of creation: Dec 2013
Date of revision:
Handle: RePEc:uto:dipeco:201354
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  1. Blundell, Richard & Griffith, Rachel & Van Reenen, John, 1995. "Dynamic Count Data Models of Technological Innovation," Economic Journal, Royal Economic Society, vol. 105(429), pages 333-44, March.
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  4. Jose Miguel Benavente & Gustavo Crespi & Lucas Figal Garone & Alessandro Maffioli, 2012. "The Impact of National Research Funds: A Regression Discontinuity Approach to the Chilean FONDECYT," Working Papers wp356, University of Chile, Department of Economics.
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  11. Paula E. Stephan, 1996. "The Economics of Science," Journal of Economic Literature, American Economic Association, vol. 34(3), pages 1199-1235, September.
  12. 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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  17. Pierre Azoulay & Joshua S. Graff Zivin & Gustavo Manso, 2009. "Incentives and Creativity: Evidence from the Academic Life Sciences," NBER Working Papers 15466, National Bureau of Economic Research, Inc.
  18. Hanna Hottenrott & Cornelia Lawson, 2014. "Research grants, sources of ideas and the effects on academic research," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 23(2), pages 109-133, March.
  19. Markus Perkmann & Kathryn Walsh, 2009. "The two faces of collaboration: impacts of university-industry relations on public research," Industrial and Corporate Change, Oxford University Press, vol. 18(6), pages 1033-1065, December.
  20. Siegel, Donald S. & Waldman, David & Link, Albert, 2003. "Assessing the impact of organizational practices on the relative productivity of university technology transfer offices: an exploratory study," Research Policy, Elsevier, vol. 32(1), pages 27-48, January.
  21. Perkmann, Markus & Tartari, Valentina & McKelvey, Maureen & Autio, Erkko & Broström, Anders & D’Este, Pablo & Fini, Riccardo & Geuna, Aldo & Grimaldi, Rosa & Hughes, Alan & Krabel, Stefan & Kitson, Mi, 2013. "Academic engagement and commercialisation: A review of the literature on university–industry relations," Research Policy, Elsevier, vol. 42(2), pages 423-442.
  22. Jacob, Brian A. & Lefgren, Lars, 2011. "The impact of research grant funding on scientific productivity," Journal of Public Economics, Elsevier, vol. 95(9), pages 1168-1177.
  23. Gulbrandsen, Magnus & Smeby, Jens-Christian, 2005. "Industry funding and university professors' research performance," Research Policy, Elsevier, vol. 34(6), pages 932-950, August.
  24. Cornelia Lawson, 2013. "Academic patenting: the importance of industry support," The Journal of Technology Transfer, Springer, vol. 38(4), pages 509-535, August.
  25. Bronwyn H. Hall & Adam Jaffe & Manuel Trajtenberg, 2005. "Market Value and Patent Citations," RAND Journal of Economics, The RAND Corporation, vol. 36(1), pages 16-38, Spring.
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