Company R&D and University R&D- How are they Related?

During the years, a large number of formal studies have presented evidences of a positive impact of university R&D on firm performance in general and on the location of industrial R&D, in particular. The question is does it also work the other way around? Does industrial R&D function as an attractor for university R&D? What are behavioural relationships between industrial R&D and university R&D and vice versa? The fact that knowledge flows seem to be spatially bounded implies that

Y2K and Offshoring: The Role of External Economies and Firm Heterogeneity

The authors construct a model of offshoring with externalities and firm heterogeneity. Due to the presence of externalities, temporary shocks like the Y2K problem can have permanent effects, i.e., they can permanently raise the extent of offshoring in an industry. Also, the initial advantage of a country as a potential host for outsourcing activities can create a lock in effect, whereby late movers have a comparative disadvantage.

Distribution of Research Performance Across Australian Universities, 1992-2003, and Its Implications for Higher Education Funding Models

The authors contribute to the debate on research performance by comparing the distribution of
research inputs and outputs across Australian universities during 1992-2003. Research-input measures have remained relatively unevenly distributed across universities.

Labour Mobility of Academic Inventors: Career Decision and Knowledge Transfer

This paper focuses on university inventors mobility in the EU countries. It is the first quantitative assessment of this phenomenon and is the basis for a set of econometric models that try to explain how different factors affect the mobility of academics and their choices: to stay, to move to the private sector, to move to a different public research organisation (including another university).

Research Joint Ventures, Licensing, and Industrial Policy

This paper reconsiders the explanation of R&D subsidies by Spencer and Brander (1983) and others by allowing firms to license their innovations and to pool their R&D investments. The authors show that in equilibrium R&D joint ventures are formed and licensing occurs in a way that eliminates the strategic benefits of R&D investment in the export oligopoly game.

How to Allocate R&D (and Other) Subsidies: An Experimentally Tested Policy Recommendation

This paper evaluates how R&D subsidies to the business sector are typically awarded. The authors identify two sources of ineciency: the selection based on a ranking of individual projects, rather than complete allocations, and the failure to induce competition among applicants in order to extract and use information about the necessary funding.