NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Universities, Joint Ventures, and Success in the Advanced Technology Program

Michael R. Darby, Lynne G. Zucker, Andrew Wang

NBER Working Paper No. 9463
Issued in January 2003
NBER Program(s):   PR

America's most innovative firms participate in the U.S. Commerce Department's Advanced Technology Program (ATP) those that participated at least once accounted for over 40 percent of U.S. patents to U.S. entities during 1988-1996. Many firms are repeat participants. ATP participation has significant and robust effects on innovation in firms, generally increasing firms' patenting during the time they are receiving ATP support, when compared to patenting by the same firms prior to and after the ATP award. ATP participation increases firms' patenting on average by between 5 and 30 patents per year during the period of ATP participation. This represents a 4 to 25 percent increase in firms' patenting compared to the period before ATP participation. Furthermore, joint-venture (JV) project participation and university participation in a project both appear to have a positive impact on firm patenting. The amount of funding received by the firm is crucial for single participants, with the positive impact concentrated in those firms with large grants. Single participants are more likely than JV members to be small startups for which ATP funding is large relative to the total R&D budget. For JV participants, participation is more important than the level of funding.

download in pdf format
   (354 K)

email paper

This paper is available as PDF (354 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w9463

Published: Michael R. Darby, Lynne G. Zucker, and Andrew Wang, “Joint Ventures, Universities, and Success in the Advanced Technology Program,” Contemporary Economic Policy, April 2004, 22(2): 145-161. http://cep.oupjournals.org/cgi/reprint/22/2/145.pdf

Users who downloaded this paper also downloaded these:
Zucker and Darby w9780 Measuring Success of Advanced Technology Program Participation Using Archival Data
Zucker and Darby w13547 Star Scientists, Innovation and Regional and National Immigration
Gillingham Place to Place Rent Comparisons
Zucker and Darby w12172 Movement of Star Scientists and Engineers and High-Tech Firm Entry
Lewellen Cross-Sectional Patterns
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us