University Spillovers into Small Technology-Based Firms: Channel, Mechanism, and Geography

17 Pages Posted: 19 Feb 2012  

Nobuya Fukugawa

Tohoku University - Graduate School of Engineering

Date Written: February 1, 2012

Abstract

This study examines how university knowledge spills over into small technology-based firms in Japan. Estimated Heckman selection models taking into account the timing of university-industry research collaboration and geographical proximity to spillover pools reveal that cooperative research with universities positively affects R&D productivity of small technology-based firms with a three-year lag. Among small technology-based firms that collaborate with universities in research, firms with local ties have a greater advantage in improving the quality of their R&D personnel through the acquisition of complementary knowledge. Theoretical and policy implications of empirical results are discussed.

Keywords: spillover, university, small firms, cooperative research, Japan

JEL Classification: L25, O33, M21

Suggested Citation

Fukugawa, Nobuya, University Spillovers into Small Technology-Based Firms: Channel, Mechanism, and Geography (February 1, 2012). Journal of Technology Transfer, 2012. Available at SSRN: https://ssrn.com/abstract=2007483

Nobuya Fukugawa (Contact Author)

Tohoku University - Graduate School of Engineering ( email )

6-6-11-804
Aramaki, Aoba-ku
Sendai, Miyagi 980-8579
Japan

HOME PAGE: http://sites.google.com/site/nfukugawa/

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