Transparency and the Social Benefits of Government Funded Research

Publikation: Bidrag til bog/antologi/rapportKonferenceabstrakt i proceedingsForskningpeer review

Abstrakt

I investigate the effect of increasing transparency on the social benefits of government funded research. For this purpose, I exploit two laws enacted in the United States related to government funding and improved information provision. Using these two information, I analyze how the change in information disclosure affects follow-on innovation of government-funded research. The results show an elevated degree of innovation building on federally funded patents after transparency increased due to additional information. I find that this effect could be attributed to a decrease in search costs and asymmetric information. Further results imply that patents funded by procurement contracts show a stronger increase in follow-on innovation compared to those funded by grants. Considering the actual amount awarded, I find a positive relationship and that patents from projects with a medium level of funding benefit in particular. These results imply a positive effect of more transparency on innovation.
OriginalsprogEngelsk
TitelProceedings of the Eighty-second Annual Meeting of the Academy of Management
RedaktørerSonia Taneja
Antal sider1
UdgivelsesstedBriarcliff Manor, NY
ForlagAcademy of Management
Publikationsdato2022
Sider2462
DOI
StatusUdgivet - 2022
BegivenhedThe Academy of Management Annual Meeting 2022: Creating a Better World Together - Seattle, USA
Varighed: 5 aug. 20229 aug. 2022
Konferencens nummer: 82
https://2022.aom.org/

Konference

KonferenceThe Academy of Management Annual Meeting 2022
Nummer82
Land/OmrådeUSA
BySeattle
Periode05/08/202209/08/2022
Internetadresse
NavnAcademy of Management Proceedings
ISSN0065-0668

Citationsformater