what types of firms use universities as a source of innovation?
Laursen, Keld; Salter, Ammon(København, 2003)
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Abstract
This paper examines the factors that influence whether firms draw from universities in their
innovative activities. The link between the universities and industrial innovation, and the role of
different search strategies in influencing the propensity of firms to use universities is explored.
The results suggest that firms who adopt "open" search strategies and invest in R&D are more
likely than other firms to draw from universities, indicating that managerial choice matters in
shaping the propensity of firms to draw from universities.
Key words: University-industry links, innovation, external search strategies
JEL Codes: C25, C42, O31, O32
