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From public labs to private firms: magnitude and channels of R&D spillovers

Author

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  • Bergeaud, Antonin
  • Guillouzouic, Arthur
  • Henry, Emeric
  • Malgouyres, Clement
Abstract
Introducing a new measure of scientific proximity between private firms and public research groups and exploiting a multi-billion euro financing program of academic clusters in France, we provide causal evidence of spillovers from academic research to private sector firms. Firms in the top quartile of exposure to the funding shock increase their R&D effort by 20% compared to the bottom quartile. We exploit reports produced by funded clusters, complemented by data on labor mobility and R&D public-private partnerships, to provide evidence on the channels for these spillovers. We show that spillovers are driven by outsourcing of R&D activities by the private to the public sectors and, to a lesser extent, by labor mobility from one to the other and by informal contacts. We discuss the policy implications of these findings.

Suggested Citation

  • Bergeaud, Antonin & Guillouzouic, Arthur & Henry, Emeric & Malgouyres, Clement, 2022. "From public labs to private firms: magnitude and channels of R&D spillovers," LSE Research Online Documents on Economics 118032, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:118032
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    Cited by:

    1. Becker, Bettina & Roper, Stephen & Vanino, Enrico, 2023. "Assessing innovation spillovers from publicly funded R&D and innovation support: Evidence from the UK," Technovation, Elsevier, vol. 128(C).

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    More about this item

    Keywords

    knowledge spillovers; policy instruments; technological distance;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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