Long-run effects of public-private research joint ventures: The case of the Danish innovation consortia support scheme

Arbeitspapier

Subsidized research joint ventures (RJVs) between public research institutions and industry have become increasingly popular in Europe and the US. We study the long-run effects of such a support scheme that has been maintained by the Danish government since 1995. To cope with identification problems we apply nearest neighbor caliper matching and conditional difference-in-difference estimation methods. Our main findings are that (i) program participation effects are instant for annual patent applications and last for three years, (ii) employment effects materialize first after one year and (iii) there are no statistically significant effects on value added or labor productivity. We further show that these overall results are primarily driven by firms that were patent active prior to joining the RJV and that there are no statistically significant effect for large firms. Both types of firms are disproportionally represented in the support program we study.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 5986

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Innovation and Invention: Processes and Incentives ; Technological Change: Government Policy
• Thema: public-private partnership ; research joint venture ; research and development ; research subsidies ; Forschungssubvention ; Innovationspolitik ; Forschungskooperation ; Public-Private Partnership ; Wirkungsanalyse ; Produktivität ; Dänemark

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Kaiser, Ulrich ; Kuhn, Johan Moritz
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2011

Weitere Informationen

• Handle: http://hdl.handle.net/10419/55106
• URN: urn:nbn:de:101:1-201111184369
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ