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Real Effects of Academic Research
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In this article, the existence of geographically mediated "spillovers" from university research to commercial innovation is explored using state-level time-series data on corporate patents, corporate R&D, and university research.Abstract:
The existence of geographically mediated "spillovers" from university research to commercial innovation is explored using state-level time-series data on corporate patents, corporate R&D, and university research. A significant effect of university research on corporate patents is found, particularly in the areas of drugs and medical technology, and electronics, optics, and nuclear technology. In addition, university research appears to have an indirect effect on local innovation by inducing industrial R&D spending. Copyright 1989 by American Economic Association.read more
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Establishment of higher education institutions and new firm entry
TL;DR: In this paper, the authors examined the effect of the establishment of higher education institutions on the entry rates of new firms in different sectors and found that the presence of a new university has a positive and significant effect on subsequent levels of knowledge based firm entry in municipalities.
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International academic knowledge creation and ba. A case study from Finland
TL;DR: In this paper, a case study of three research groups from the University of Oulu (UO) in Finland is presented, which is the most international large university in Finland.
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Toward an understanding of knowledge spillovers in industrial clusters
TL;DR: In this paper, the authors focus on the relationships between industrial clustering and knowledge spillovers and show that even in the condition of serendipitous business interactions among nearby firms, knowledge spillover is diffused unevenly and within restricted subgroups of firms.
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Framework for Measuring Research and Innovation Impact
TL;DR: Public-funded research has been widely regarded to play an important role in economic development as discussed by the authors, and universities and the public research institutes (PRIs) are increasingly seen as centres of knowledges.
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ReportDOI
Patent Statistics as Economic Indicators: A Survey
TL;DR: In this paper, the authors present a survey on the use of patent data in economic analysis, focusing on the patent data as an indicator of technological change and concluding that patent data remain a unique resource for the study of technical change.
Posted Content
Patent Statistics as Economic Indicators: A Survey
TL;DR: In this paper, the authors present a survey on the use of patent data in economic analysis, focusing on the patent data as an indicator of technological change and concluding that patent data remain a unique resource for the study of technical change.
Posted Content
Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits and Market Value
TL;DR: In this article, the authors present evidence that firms' patents, profits and market value are systematically related to the technological position of firms' research programs, and that firms are seen to "move" in technology space in response to the pattern of contemporaneous profits at different positions.
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Econometric Models for Count Data with an Application to the Patents-R&D Relationship
TL;DR: This paper developed and adapted statistical models of counts (nonnegative integers) in the context of panel data and used them to analyze the relationship between patents and R&D expenditures. But their model is not suitable for the analysis of large-scale data sets.
ReportDOI
Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits, and Market Value
TL;DR: In this article, the effects of exogenous variations in the state of technology (technological opportunity) and of the R&D of other firms (spillovers of r&D) on the productivity of firms' R&Ds were quantified.