Performance Effects of University Industry Collaboration

Problemstellung und Zielsetzung

Does university industry collaboration (UIC) have a positive effect on a firm’s performance and does this effect manifest itself with a certain time lag? This issue is currently unacknowledged, although UIC and its impact on innovation and on patent behavior have been of wide interest in past research. However, there is only limited evidence regarding the long-term effects of UIC. The few studies that investigated its impact on firm performance came to mixed results. Moreover, most studies focus on single industries and certain regions and neglect the time lag between UIC and its manifestation in potential successful new products.

Empirische Vorgehensweise

Therefore, this project aims to investigate the effect of UIC on firm performance using a longitudinal analysis of joint publications and capital market based firm performance. We use bibliometric data derived from an extensive analysis of jointly authored publications of more than 800 large companies to determine UIC and relevant characteristics of the involved universities, the research orientation of the collaboration projects and the alliance portfolio of the firm. The project shows that UIC reveals its maximum positive effect on firm performance with a time lag. Furthermore, these positive effects are influenced by potential moderators like firms concentration, partner quality or research orientation.

Ergebnisse

Preliminary results show that UIC has a significant positive effect on technological newness, with a time lag of two years. The effect indicates decreasing marginal returns, and it increases if diverse knowledge areas are included in the UIC portfolio.

Projektbeteiligte, Verbundpartner, Förderinstitutionen

  • CAU KIEL
  • TU DARMSTADT
  • DTU Denmark

Ansprechpartner

Alexander N.P. Wirsich