Research Output From University–Industry Collaborative Projects. (February 2013)

• Record Type: Journal Article
• Authors: Banal-Estañol, Albert; Macho-Stadler, Inés; Pérez-Castrillo, David
• Other Names: Audretsch David B. guest-editor.; Link Albert N. guest-editor.; Peña-Legazkue Iñaki guest-editor.
• Is Part Of: Economic development quarterly. Volume 27:Number 1(2013)
• Page Start: 71
• Page End: 81
• Publication Date: 2013-02
• Subjects: industry–science links -- research collaborations -- basic versus applied research; Economic development -- Periodicals; Economics -- Periodicals; United States -- Economic conditions -- Periodicals; 330.973
• DOI: 10.1177/0891242412472535
• Languages: English
• ISSNs: 0891-2424

Abstract

We study collaborative and noncollaborative projects that are supported by government grants. First, we propose a theoretical framework to analyze optimal decisions in these projects. Second, we test our hypotheses with a unique data set containing academic publications and research funds for all academics at the major university engineering departments in the United Kingdom. We find that the type of the project (measured by its level of appliedness) increases the type of both the university and firm partners. Also, the quality of the project (number and impact of the publications) increases with the quality of the researcher and firm, and with the affinity in the partners' preferences. The collaboration with firms increases the quality of the project only when the firms' characteristics make them valuable partners.