University-Industry Collaboration in the Biopharmaceuticals: The Italian Case

A revised version of this paper is in The Journal of Technology Transfer, Forthcoming

28 Pages Posted: 23 Dec 2014 Last revised: 19 Mar 2015

See all articles by Anna Giunta

Anna Giunta

Department of Economics Roma Tre University

Filippo Maria Pericoli

Italian Ministry of Economy and Finance

Eleonora Pierucci

University of Rome III

Date Written: December 20, 2014

Abstract

We investigate the determinants of University-Industry (U-I) interactions in the biopharmaceuticals in Italy over the period 2004-2010, choosing co-publishing as a proxy of U-I partnerships. We construct a novel dataset of co-published articles, that contains measures of proximities, agglomeration, firms’ and universities’ characteristics. Following a consolidated methodology, we integrate our dataset of effective interactions with the set of all potential interactions, to estimate probabilistic models for the occurrence and the intensity of U-I interactions. Our main findings confirm and extend the predictions of the previous literature: i) geographical proximity and prior partnership increase the probability and the intensity of co-publication; ii) the proximity of a firm to other biopharmaceutical firms and universities attenuates the relevance of geographical proximity; iii) there exists complementarity between prior partnerships and geographical proximity. A novel result is that firms’ and Universities’ size; firms’ R&D and patents expenditure and the composition of the academic staff as well as quality of academic research exert a significant impact on the intensity of co-publishing.

Keywords: University-Industry collaborations, Biopharmaceutical industry, Co-publishing

JEL Classification: O310, O320, O330, R100

Suggested Citation

Giunta, Anna and Pericoli, Filippo Maria and Pierucci, Eleonora, University-Industry Collaboration in the Biopharmaceuticals: The Italian Case (December 20, 2014). A revised version of this paper is in The Journal of Technology Transfer, Forthcoming , Available at SSRN: https://ssrn.com/abstract=2541594 or http://dx.doi.org/10.2139/ssrn.2541594

Anna Giunta

Department of Economics Roma Tre University ( email )

Via Silvio D'Amico 77
Rome, 00145
Italy

Filippo Maria Pericoli

Italian Ministry of Economy and Finance ( email )

Via XX Settembre, 97
Rome
Italy
+39-3286150203 (Phone)

Eleonora Pierucci (Contact Author)

University of Rome III

Via Ostiense, 159
Rome, RM 00145
Italy

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