IRIS - Institutional Research Information System
IRIS è il sistema di gestione integrata dei dati della ricerca adottato dalla Luiss Guido Carli. Il Catalogo dei prodotti della ricerca della Luiss raccoglie e rende disponibile, dove possibile nel rispetto del diritto d'autore, la produzione scientifica dei docenti e ricercatori dell'Ateneo. Il Catalogo alimenta inoltre i siti docenti del MIUR.
EnglishThere is increasing political pressures on universities to raise research funding from industry and contribute actively to economic development. However, whether or not promotion of the so called third mission in universities, of interacting with industry, is effective without government funding remains an open question, and we do not know whether government funding ‘crowds-‐out’ or ‘crowds-‐in’ business funding. In this paper we argue that government funding provides universities with the vital resources to carry out research activities whose results can be transferred at a later stage to industry, leveraging private funding. It is inevitable, therefore, that without government support to academic institutions knowledge transfer activities will be hampered, and financial cuts to universities may reduce rather than foster their self-‐financing capability. The empirical analysis presented in this paper is based on financial data for the whole population of Italian university departments engaged in research in the Engineering and Physical Sciences. Based on a set of probit and tobit cross-‐ section and panel data models this paper investigates the impact of different forms of public funding to university departments, on their abilities to attract private funding.
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| Titolo: | Does Government Research Funding to Universities Substitute, Complement or Leverage Industry Funding?. CeLEG Working Papers |
| Autori: | |
| Data di pubblicazione: | 2010 |
| Abstract: | There is increasing political pressures on universities to raise research funding from industry and contribute actively to economic development. However, whether or not promotion of the so called third mission in universities, of interacting with industry, is effective without government funding remains an open question, and we do not know whether government funding ‘crowds-‐out’ or ‘crowds-‐in’ business funding. In this paper we argue that government funding provides universities with the vital resources to carry out research activities whose results can be transferred at a later stage to industry, leveraging private funding. It is inevitable, therefore, that without government support to academic institutions knowledge transfer activities will be hampered, and financial cuts to universities may reduce rather than foster their self-‐financing capability. The empirical analysis presented in this paper is based on financial data for the whole population of Italian university departments engaged in research in the Engineering and Physical Sciences. Based on a set of probit and tobit cross-‐ section and panel data models this paper investigates the impact of different forms of public funding to university departments, on their abilities to attract private funding. |
| Handle: | http://hdl.handle.net/11385/10628 |
| Appare nelle tipologie: | 05.1 - Working Paper |
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| CELEGWP06-10.pdf | Altro materiale allegato | DRM non definito | Open Access Visualizza/Apri |
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