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Fishing for Complementarities: Competitive Research Funding and Research Productivity

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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
Handle: RePEc:uto:dipeco:201354
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  1. Grimpe, Christoph, 2012. "Extramural research grants and scientists’ funding strategies: Beggars cannot be choosers?," Research Policy, Elsevier, vol. 41(8), pages 1448-1460.
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  10. Stephan, Paula E., 2010. "The Economics of Science," Handbook of the Economics of Innovation, Elsevier.
  11. Cornelia Lawson, 2013. "Academic Inventions Outside the University: Investigating Patent Ownership in the UK," Industry and Innovation, Taylor & Francis Journals, vol. 20(5), pages 385-398, July.
  12. Daniel Chudnovsky & Andrés López & Martín A. Rossi & Diego Ubfal, 2008. "Money for Science? The Impact of Research Grants on Academic Output," Fiscal Studies, Institute for Fiscal Studies, vol. 29(1), pages 75-87, 03.
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  15. 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.
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  17. Blundell, Richard & Griffith, Rachel & Van Reenen, John, 1995. "Dynamic Count Data Models of Technological Innovation," Economic Journal, Royal Economic Society, vol. 105(429), pages 333-344, March.
  18. Benner, Mats & Sandstrom, Ulf, 2000. "Institutionalizing the triple helix: research funding and norms in the academic system," Research Policy, Elsevier, vol. 29(2), pages 291-301, February.
  19. 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.
  20. Stijn Kelchtermans & Reinhilde Veugelers, 2011. "The great divide in scientific productivity: why the average scientist does not exist," Industrial and Corporate Change, Oxford University Press, vol. 20(1), pages 295-336, February.
  21. Scott Stern, 2004. "Do Scientists Pay to Be Scientists?," Management Science, INFORMS, vol. 50(6), pages 835-853, June.
  22. Lee, Yong S, 2000. "The Sustainability of University-Industry Research Collaboration: An Empirical Assessment," The Journal of Technology Transfer, Springer, vol. 25(2), pages 111-133, June.
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  24. Ajay Agrawal & Rebecca Henderson, 2002. "Putting Patents in Context: Exploring Knowledge Transfer from MIT," Management Science, INFORMS, vol. 48(1), pages 44-60, January.
  25. Cornelia Lawson, 2013. "Academic patenting: the importance of industry support," The Journal of Technology Transfer, Springer, vol. 38(4), pages 509-535, August.
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