SOTA Review

Public University Policy and R&D Success. SOTA No12

Today, public university policy is widely accepted as one of the most adopted approaches to spur innovativeness, competitiveness, and growth in a knowledge-based economy. Despite the popularity of public university policy in academia and politics, solid evidence is scarce. Although there is increasing experience in designing public university policy to spur R&D activities and success, little is known about whether such policies actually work. What does the evidence suggest about the relationship between public spending on generating public knowledge spillovers and R&D outcomes? Is public university sponsorship overall beneficial?

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