KTH/CESIS Working Paper Series in Economics and Institutions of Innovation
Does Knowledge Diffusion between University and Industry Increase Innovativeness?
() and Anders Broström
Abstract: This paper rigorously explores the impact of firm’s
collaboration with universities on innovation. Specifically, using a
representative dataset of manufacturing and service firms we have applied
recent matching techniques to examine the hypotheses that whether academic
knowledge has a positive impact on innovative sales and the propensity to
apply for patents. Econometrically, the paper illustrates the differences
that emerge from different matching estimators and samples. On balance, we
find robust evidence that university collaboration positively influences
innovative performance for large manufacturing firms. In contrast, whatever
estimator is chosen, the data show no significant association between
university collaboration and the average service firm’s innovation sales or
propensity to apply for patents.
Keywords: R&D investment; innovation; patents; industry-university link; matching methods.; (follow links to similar papers)
JEL-Codes: C24; L10; O30; O31; O38; O40; (follow links to similar papers)
28 pages, December 2, 2004, Revised January 26, 2006
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- This paper is forthcoming as:
Lööf, Hans and Anders Broström, 'Does Knowledge Diffusion between University and Industry Increase Innovativeness?', Journal of Technology Transfer.
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