09 March 2022
Please join us for a TIME Excelence Lecture on Tuesday the 15th of March 2022 at 13:00 Athens time. The speaker is Emeric Henry, Sciences Po and CEPR. The title of the talk is “From public to private: magnitude and channels of R&D spillovers".
This webinar is free and open to all. The moderator is Dr. Andreas Panagopoulos.
Join Zoom Meeting: https://zoom.us/j/96479541729
Meeting ID: 964 7954 1729
NOTE: To participate please contact Andreas Panagopoulos at least an hour prior to the webinar.
Abstract: Introducing a new measure of scientific proximity between private firms and public research groups and exploiting a multi-billion euro financing program of public research clusters in France, we provide causal evidence of spillovers from public research to private firms. A doubling of exposure increases employment in R&D in the private sector by 1%. Using administrative data on employment as well as data on co-supervision of PhDs, we show that these spillovers are driven both by contracting between the private and public sectors and labor mobility from one to the other. We discuss policy implications and in particular compare public research funding as a tool to spur private R&D with the more traditional tax credit program.