The virtue of industry-science collaborations

This article analyzes the potential benefits of industryscience collaborations for samples of Flemish and German firms. A firm collaborating with science may benefit from knowledge spillovers and public subsidies as industry-science collaborations are often granted preferred treatment. I shed light on the potential spillover and subsidy effects by estimating treatment effect models using nearest neighbour matching techniques. For both countries, I find positive effects on business R&D. Firms that engage in industryscience collaborations invest more in R&D compared to the counterfactual... Mehr ...