Volume 30 Issue 1 (2012)
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Inefficiencies in markets for intellectual property rights: experiences of academic and public research institutions
The formal use of such intellectual property rights (IPR) as patents and registered copyright by universities has increased steadily in the last two decades. Mainstream arguments, embedded in economic theory…
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The governance of formal university–industry interactions: understanding the rationales for alternative models
This article develops a conceptual framework to explain the economic rationale underpinning the choice of different modes of governance of formal university–industry interactions: personal contractual interactions, where the contract regulating…
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Firms’ linkages with universities and public research institutes in Argentina: factors driving the selection of different channels
Knowledge flows between public research organisations (PROs) and firms may occur through various channels. Channel selection may have different drivers and effects. Although much research has been carried out on…
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Is the Italian Government effective in relaxing the financial constraints of high technology firms?
The present work analyses the effect of public finance on firm investments in a longitudinal sample of 293 Italian unlisted owner-managed, new technology-based firms (NTBFs), observed over a 10-year period…
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Do public subsidies affect the performance of new technology-based firms? The importance of evaluation schemes and agency goals
New technology-based firms (NTBFs) greatly contribute to the dynamic efficiency of the economic system. To perform this role, NTBFs need external financing. However, private financing of this type of firm…
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The differential impact of privately and publicly funded R&D on R&D investment and innovation: the Italian case
This paper explores the impact of a specific R&D policy instrument, the Italian (FAR), on industrial R&D and technological output at the firm level. Our objective is threefold: first, to…