Article
Computer Science, Interdisciplinary Applications
Lin Zhang, Mengting Sun, Yujie Peng, Wenjing Zhao, Lixin Chen, Ying Huang
Summary: This study explores the landscape of government-funded innovation projects and finds that R&D project funding by federal agencies has contributed to the growth in the number of patent records. The Departments of Defense, Energy, Health and Human Services, and the National Science Foundation have issued the most funding and hold rights to more patent records than any other agencies. Reforms to the US patent system made 40 years ago have significantly impacted patenting activity. Funding priorities have shifted toward research in biomedicine, fields related to human life, and computer science. The four dominant agencies responsible for most government funding differ in their investment priorities and frequently adjust which areas of innovation they support.
JOURNAL OF INFORMETRICS
(2022)
Article
Economics
Kyle R. Myers, Lauren Lanahan
Summary: This study quantifies the magnitude of R&D spillovers created by grants to small firms from the US Department of Energy. The empirical strategy leverages variation due to state-specific matching policies, and a new approach is developed to measure both geographic and technological spillovers without relying on an observable paper trail. The estimates suggest that for every patent produced by grant recipients, three more are produced by others who benefit from spillovers. Sixty percent of these spillovers occur within the United States, and many of them occur in technological areas substantially different from those targeted by the grants.
AMERICAN ECONOMIC REVIEW
(2022)
Article
Economics
Thomas Greve, Hans Keiding
Summary: This study presents a simple research model to compare the cost of private and public research activities. It aims to explore the conditions under which private firms may provide funding for research conducted by public research organizations. The study finds that outsourcing research to public organizations can be advantageous for private firms, but the free access to research results obtained by public research organizations may hinder outsourcing without public funding.
JOURNAL OF ECONOMICS
(2023)
Article
Green & Sustainable Science & Technology
Tao Zhu, Huatao Peng
Summary: Based on the theory of dynamic capability, this study examines the impact mechanism of policy-oriented ambidextrous innovation on sustainable entrepreneurial performance in China's ICT industry. The results indicate that exploratory innovation and exploitative innovation both have a positive effect on sustainable entrepreneurial performance. However, government subsidy and environmental tax weaken the relationship between innovation and performance. The findings of this study contribute to understanding the role of government policies and forming effective innovation strategies for improving sustainable entrepreneurial performance.
Article
Economics
Lauma Muizniece
Summary: University autonomy is a key factor affecting incentives for research commercialization, with external funding sources setting policy directions and focusing on quantifiable outputs. However, excessive restrictions and a lack of addressing path dependency hinder the success of commercializing research.
JOURNAL OF THE KNOWLEDGE ECONOMY
(2021)
Article
Agronomy
Ruifa Hu, Changxin Yu, Yanhong Jin, Carl Pray, Haiyan Deng
Summary: To improve innovation and productivity in China's pesticide industry, the government has implemented policies to stimulate private R&D and firm innovation. The study found that higher R&D investment was associated with higher patent intensity, and more innovative firms had higher productivity.
Article
Green & Sustainable Science & Technology
Sangyun Han, Soo Kyung Park, Kyu Tae Kwak
Summary: Recent research has focused on the relationship between R&D investments and performance, but this study looks at how the excellence and diversity of R&D personnel can affect the performance of public R&D organizations. The results show that the impact of workforce diversity and excellence on performance can vary depending on the type of performance: scientific, technological, or social. Therefore, the study calls for a human resources and resource-based approach to consider the importance of R&D workforce composition in evaluating performance.
Article
Health Care Sciences & Services
Ming-Chieh Cho, Po-Chin Yang, Yueh-Hsin Wang, Hsiao-Ting Chang, Ming-Hwai Lin
Summary: In recent years, hospice and palliative care in Taiwan has developed and changed with the support of government-funded research. The study found a correlation between research priority and the promulgation of new HPC regulations, as well as an increased diversity in the types of diseases studied.
Editorial Material
Geosciences, Multidisciplinary
Jef Caers
Summary: Jef Caers argues that research on the energy transition should involve all communities and break the pattern of traditional industry-funded research, based on his personal experience.
Article
Management
Michael Fritsch, Michael Wyrwich
Summary: The belief that agglomeration economies promote successful innovation activities is not strongly supported by the study. While patenting tends to be geographically dispersed in most developed countries, South Korea and the US are exceptions with high concentration of patents in large cities. The study concludes that the advantages of agglomeration economies in large cities for innovation activities are not as significant as commonly thought.
Article
Economics
Anna Watson
Summary: This paper proposes ten principles for the design of organizations that accelerate low carbon innovation, and validates them through a comparative case study of the Energy Technologies Institute in the UK and the Advanced Research Projects Agency-Energy in the US. The results show that the design of the ETI prioritizes non-transformative innovation, while the operational approach of ARPA-E enables a pursuit of transformative innovation.
Article
Computer Science, Interdisciplinary Applications
Seolmin Yang, So Young Kim
Summary: This study examines the quality of government-funded research in terms of knowledge integration and disruption. The results show that knowledge-integrated research supported by the same government department is more disruptive, while funding from different departments is less disruptive. Additionally, knowledge integration has a positive effect on long-term citations, but a negative effect on short-term citations.
Article
Green & Sustainable Science & Technology
Zhenhua Yang (Alamo), Yanmei Xu
Summary: This study is based on government-funded research projects and finds that R&D subsidy and collaboration breadth of organizations have a positive impact on innovation output, while the relationship between collaboration breadth of researchers and innovation output is uncertain.
Article
Green & Sustainable Science & Technology
Xin Wang
Summary: The coordinated development of government guidance, industrial innovation, and scientific research systems has a significant impact on scientific and technological innovation. This study calculates the coupling coordination degree (CCD) of the triple helix of government, industry, and university in China from 2010 to 2020 and analyzes its trends and regional differences. It also examines the macro influencing factors.
Review
Soil Science
Cristina Arias-Navarro, P. Panagos, A. Jones, M. J. Amaral, A. Schneegans, M. Van Liedekerke, P. Wojda, L. Montanarella
Summary: The European Green Deal and related policies provide crucial measures and funding support for soil protection in the EU. Research and innovation play a key role in developing healthy soils, and over the past 40 years, the EU has continually increased its investment in soil research. Initiatives like the Horizon Europe Mission 'A Soil Deal for Europe' further promote the advancement of soil research.
EUROPEAN JOURNAL OF SOIL SCIENCE
(2023)
Editorial Material
Multidisciplinary Sciences
Olav Sorenson, Valentina Assenova, Guan-Cheng Li, Jason Boada, Lee Fleming
Article
Management
Michael Bikard, Matt Marx
MANAGEMENT SCIENCE
(2020)
Article
Management
Sonja Lueck, Benjamin Balsmeier, Florian Seliger, Lee Fleming
MANAGEMENT SCIENCE
(2020)
Article
Management
Tristan Fitzgerald, Benjamin Balsmeier, Lee Fleming, Gustavo Manso
Summary: Investors and analysts may have cognitive biases towards a firm's innovation search strategy, focusing more on explorative patents even though firms focusing on exploitation tend to have better short-term operating performance. The stock market does not accurately incorporate information about a firm's innovation strategy, leading to undervaluation of firms with exploitation strategies compared to exploration strategies. This undervaluation is incremental to standard risk and innovation-based pricing factors.
MANAGEMENT SCIENCE
(2021)
Article
Management
Matt Marx, David H. Hsu
Summary: The research found that academic scientist teams with former collaborators who are star serial entrepreneurs are more likely to commercialize their discoveries through startups, as well as interdisciplinary scientist teams are also more likely to do so.
MANAGEMENT SCIENCE
(2022)
Article
Computer Science, Interdisciplinary Applications
Guan Cheng Li, Lingyun He, Lee Fleming
Summary: Does philanthropy provide the same level of support for technology and invention as it does for science and research? A study matched U.S. patents with philanthropic organizations listed in the Candid database and found that only 0.2% of U.S. patents since 1976 received philanthropic support. Philanthropic invention was found to be more likely conducted by smaller teams and U.S. based inventors, and less reliant on scientific research and non-U.S. prior art. These philanthropic-supported patents also received significantly fewer future citations, suggesting they are not exceptionally valuable.
Article
Economics
Hyo Kang, Lee Fleming
JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY
(2020)
Article
Management
Sam Arts, Lee Fleming
ORGANIZATION SCIENCE
(2018)
Article
Economics
Benjamin Balsmeieri, Mohamad Assaf, Tyler Chesebro, Gabe Fierro, Kevin Johnson, Scott Johnson, Guan-Cheng Li, Sonja Lueck, Doug O'Reagan, Bill Yeh, Guangzheng Zang, Lee Fleming
JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY
(2018)
Article
Business, Finance
Michael Ewens, Matt Marx
REVIEW OF FINANCIAL STUDIES
(2018)
Article
Management
Matt Marx, Bram Timmermans
ORGANIZATION SCIENCE
(2017)
Article
Business, Finance
Benjamin Balsmeier, Lee Fleming, Gustavo Manso
JOURNAL OF FINANCIAL ECONOMICS
(2017)
Article
Economics
Kenneth A. Younge, Matt Marx
JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY
(2016)
