Shaul Hartal (p), Miki Malul , Ofir Rubin

Enrico Vanino

see extended abstract

Joachim Möller (p), Christoph Rust

Shaul Hartal

see document

Enrico Vanino (p)

Joachim Möller

The main argument for university-industry collaborations rests on the assertion that the knowledge created is a public good that has the potential to generate benefits for society at large. This suggests the potential for two types of impacts, a direct one on participants to the research project and a spillover effect for local economies and economic agents related to the research network. Using matched data from the Gateway to Research (GtR) database and UK Innovation Survey we explore the innovation spillovers for the local economy and the evolution of research networks in order to map the relatedness between participants and the different externalities of the participation into publicly-funded research projects. Evidence suggests that university-industry collaborations generate both process and output spillovers, originating from pure knowledge diffusion and occurring through supply-chain relatedness and local competition effects. In addition, by mapping the evolution of research collaboration networks, we find that U-I collaborations affect the local economy through the expansion of collaborative research project towards new related participants.