Joshua R. Bruce
Department of Sociology
417 Chapel Drive
Durham, NC 27708-0088
NBER Working Papers and Publications
|June 2018||Public Contracting for Private Innovation: Government Expertise, Decision Rights, and Performance Outcomes|
with John M. de Figueiredo, Brian S. Silverman: w24724
We examine how the U.S. Federal Government governs R&D contracts with private-sector firms. The government chooses between two contractual forms: grants and cooperative agreements. The latter provides the government substantially greater discretion over, and monitoring of, project progress. Using novel data on R&D contracts and on the geo-location and technical expertise of each government scientist over a 12-year period, we test implications from the organizational economics and contracting literatures. We find that cooperative agreements are more likely to be used for early-stage projects and those for which local government scientific personnel have relevant technical expertise; in turn, cooperative agreements yield greater innovative output as measured by patents, controlling for endog...
Published: Joshua Robert Bruce & John M. De Figueiredo & Brian Silverman, 2018. "Public Contracting for Private Innovation," Academy of Management Proceedings, vol 2018(1).