Estimating the economic effects of university-industry collaboration Online publication date: Sat, 24-Oct-2015
by Michael Mark; Rasmus Lund Jensen; Maria Theresa Norn
International Journal of Technology Transfer and Commercialisation (IJTTC), Vol. 13, No. 1/2, 2014
Abstract: Universities are widely recognised as important drivers of knowledge-based economic growth, but robust assessments of the short-term, measurable impact of universities on their surrounding environment are few and far between. The present study uses a new and unique dataset on collaborations by the University of Copenhagen to ask the following question: What are the effects on companies' productivity growth of formal collaboration with a research-intensive university? By using Propensity Score Matching to undertake counterfactual analysis and afterwards testing the significance of the results with a difference-in-difference approach, we find evidence of a significant and positive relationship between companies entering into formal R&D collaboration with the university and the subsequent productivity development. We show that the growth patterns of the collaborating companies are significantly stronger compared to those of the selected control group. Implications and questions for further research are discussed.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Transfer and Commercialisation (IJTTC):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook