Working Paper: NBER ID: w7643
Authors: Bronwyn H. Hall; Albert N. Link; John T. Scott
Abstract: Universities are a key institution in the US innovation system and an important aspect of their involvement is the role they play in Private-Public Partnering activities. This study seeks to gain a better understanding of the performance of university-industry research partnerships using a sample survey of pre-commercial research projects funded the U.S. government's Advanced Technology Program. Although results must be interpreted cautiously due to the small size of the sample, the study finds that projects with university involvement tend to be in areas involving new' science and therefore experience more difficulty and delay but also are more likely not to be aborted prematurely. We interpret this finding to imply that universities are contributing to basic research awareness and insight among the partners in ATP-funded projects.
Keywords: university-industry partnerships; research and development; economic impacts
JEL Codes: O32
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| University involvement in ATP-funded projects (I23) | Lower probability of early termination of projects (H43) |
| ATP's share of funding (Z23) | Lower probability of early termination of projects (H43) |
| Joint ventures (including universities) (L24) | Higher termination rate compared to single participants (J12) |