TY - JOUR
T1 - Universities and fundamental research
T2 - Reflections on the growth of university-industry partnerships
AU - Poyago-Theotoky, Joanna
AU - Beath, John
AU - Siegel, Donald S.
N1 - Funding Information:
During the 1980s, the US National Science Foundation (a federal/national agency) also substantially increased funding for Industry–University Cooperative Research Centers (IUCRCs). IUCRCs, which depend on industry support, are designed to promote technological diffusion, commercialization, and integration of research and education. Many universities in all OECD nations have also established science parks and incubators on or near campus, which may be viewed as another relevant type of technology partnership.5 These institutions often receive additional financial support from individual state or regional governments, since they are perceived as promoting economic growth and development.
Funding Information:
There has also been a dramatic increase in university–industry partnerships within the EU and with collaborating states. Siegel et al. (2002a) report that the number of UK university science parks has increased from two in 1972 to 46 in 1999. Caloghirou et al. (2001) analysed 6,300 RJVs in 42 nations that received funding from the European Commission, under the auspices of the European Framework Programmes (FWPs), during the period 1983–96. The authors note that almost two-thirds of these RJVs involved at least one university, a percentage that has risen considerably since the funding programme began (from 56 per cent in 1983 to 67 per cent in 1996).
PY - 2002
Y1 - 2002
N2 - The recent rise in university-industry partnerships has stimulated an important public-policy debate regarding how these relationships affect fundamental research. In this paper, we examine the antecedents and consequences of policies to promote university-industry alliances. Although the preliminary evidence appears to suggest that these partnerships have not had a deleterious effect on the quantity and quality of basic research, some legitimate concerns have been raised about these activities that require additional analysis. We conclude that additional research is needed to provide a more accurate assessment of the optimal level of commercialization.
AB - The recent rise in university-industry partnerships has stimulated an important public-policy debate regarding how these relationships affect fundamental research. In this paper, we examine the antecedents and consequences of policies to promote university-industry alliances. Although the preliminary evidence appears to suggest that these partnerships have not had a deleterious effect on the quantity and quality of basic research, some legitimate concerns have been raised about these activities that require additional analysis. We conclude that additional research is needed to provide a more accurate assessment of the optimal level of commercialization.
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U2 - 10.1093/oxrep/18.1.10
DO - 10.1093/oxrep/18.1.10
M3 - Article
AN - SCOPUS:0036253770
VL - 18
SP - 10
EP - 21
JO - Oxford Review of Economic Policy
JF - Oxford Review of Economic Policy
SN - 0266-903X
IS - 1
ER -