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Assessing spillovers from universities to firms: evidence from French firm-level data

Monjon, Stéphanie; Waelbroeck, Patrick (2003), Assessing spillovers from universities to firms: evidence from French firm-level data, International Journal of Industrial Organization, 21, 9, p. 1255–1270. http://dx.doi.org/10.1016/S0167-7187(03)00082-1

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Type
Article accepté pour publication ou publié
Date
2003-11
Journal name
International Journal of Industrial Organization
Volume
21
Number
9
Publisher
Elsevier
Pages
1255–1270
Publication identifier
http://dx.doi.org/10.1016/S0167-7187(03)00082-1
Metadata
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Author(s)
Monjon, Stéphanie
Waelbroeck, Patrick
Abstract (EN)
We assess the importance of information flows from universities to innovative firms and determine the relative contribution of formal collaboration and pure knowledge spillovers in this process. We find that spillovers provide the most benefit to firms that imitate existing technologies or those that are involved in incremental innovation. On the other hand, highly innovative firms appear to derive most benefit from collaborative research with foreign universities. Indeed, highly innovative firms are at the frontier of the academic knowledge in their industry. Therefore, they only marginally benefit from aggregate (or industry-wide) spillovers. They require new forms of academic knowledge that they acquire through formal cooperation with foreign universities.
Subjects / Keywords
Innovation; Spillovers; Collaboration; Universities
JEL
I23 - Higher Education; Research Institutions
O31 - Innovation and Invention: Processes and Incentives
O32 - Management of Technological Innovation and R&D

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