The next Entrepreneurship and Innovation Policy Research virtual seminar is Wednesday, September 20, from 11:00-12:15 ET. Paul Hunermund (Copenhagen Business School) will present "The effect of publicly co-funded industry-science collaboration on scientific production" (with Cindey Lopes-Bento, KU Leuven & National Research Fund Luxembourg; and Maikel Pellens, KU Leuven). Click HERE to register for the 9/20 seminar. We hope you join us.
Please visit this LINK to view and register for upcoming Fall seminars.
- - Tim Folta (UCONN), Maryann Feldman (ASU), and Supradeep Dutta (Rutgers U)
Abstract: There is a large body of convincing evidence on the coevolution of scientific research and commercial opportunities. Based on such evidence, competitive industry-science collaboration programs encourage academic scientists to co- develop innovation projects with firms. As such, they combine the attributes of competitive research funding with those of science commercialization policies. As these programs require more time and effort from scientists than traditional science funding and potentially lead applicants to adopt projects with higher commercial potential, the question arises whether such programs impose a cost on scientific productivity or direction. We find no evidence that they negatively impact science in an empirical analysis of a large-scale, cross-country R&D policy organized by the European Commission. On the contrary, our results show an increase in top publications while the direction of research agendas remains unaffected.