From public to private: magnitude and channels of R&D spillovers
March 10, 2022 2024-09-04 16:35From public to private: magnitude and channels of R&D spillovers
The Knowldge Tranfer Office, in collaboration with TECHNIS research group and TIME Master’s in Business Economics organise their 8th Seminar for 2021-2022 on Tuesday March 15 at 13.00.
Speaker: Emeric Henry, Sciences Po and CEPR.
Seminar Title: “From public to private: magnitude and channels of R&D spillovers“.
Please go to: https://zoom.us/j/96479541729
Meeting ID: 964 7954 1729
Abstract: Introducing a new measure of scientific proximity between private firms and public research groups and exploiting a multi-billion euro financing program of public research clusters in France, we provide causal evidence of spillovers from public research to private firms. A doubling of exposure increases employment in R&D in the private sector by 1%. Using administrative data on employment as well as data on co-supervision of PhDs, we show that these spillovers are driven both by contracting between the private and public sectors and labor mobility from one to the other. We discuss policy implications and in particular compare public research funding as a tool to spur private R&D with the more traditional tax credit program.