Introducing a new measure of scientific proximity between private firms and public researchgroups and exploiting a multi-billion euro financing program of academic clusters in France,we provide causal evidence of spillovers from academic research to private sector firms. Firmsin the top quartile of exposure to the funding shock increase their R&D effort by 20% comparedto the bottom quartile. We exploit reports produced by funded clusters, complemented by dataon labor mobility and R&D public\u2013private partnerships, to provide evidence on the channelsfor these spillovers. We show that spillovers are driven by outsourcing of R&D activities bythe private to the public sectors and, to a lesser extent, by labor mobility from one to the otherand by informal contacts. We discuss the policy implications of these findings.<\/p>","protected":false},"excerpt":{"rendered":"
Introducing a new measure of scientific proximity between private firms and public researchgroups and exploiting a multi-billion euro financing program of academic clusters in France,we provide causal evidence of spillovers from academic research to private sector firms. Firmsin the top quartile of exposure to the funding shock increase their R&D effort by 20% comparedto the […]<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":true},"thematique":[97,99],"type-de-publication":[50],"class_list":["post-410","publication","type-publication","status-publish","hentry","thematique-knowledge-spillovers","thematique-technological-distance","type-de-publication-publication"],"acf":[],"yoast_head":"\n