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来源类型Working Paper
规范类型报告
DOI10.3386/w24724
来源IDWorking Paper 24724
Public Contracting for Private Innovation: Government Expertise, Decision Rights, and Performance Outcomes
Joshua R. Bruce; John M. de Figueiredo; Brian S. Silverman
发表日期2018-06-18
出版年2018
语种英语
摘要We examine how the U.S. Federal Government governs R&D contracts with private-sector firms. The government chooses between two contractual forms: grants and cooperative agreements. The latter provides the government substantially greater discretion over, and monitoring of, project progress. Using novel data on R&D contracts and on the geo-location and technical expertise of each government scientist over a 12-year period, we test implications from the organizational economics and contracting literatures. We find that cooperative agreements are more likely to be used for early-stage projects and those for which local government scientific personnel have relevant technical expertise; in turn, cooperative agreements yield greater innovative output as measured by patents, controlling for endogeneity of contract form. The results are consistent with multi-task agency and transaction-cost approaches that emphasize decision rights and monitoring.
主题Public Economics ; National Fiscal Issues ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior ; Nonprofits ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w24724
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/582397
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Joshua R. Bruce,John M. de Figueiredo,Brian S. Silverman. Public Contracting for Private Innovation: Government Expertise, Decision Rights, and Performance Outcomes. 2018.
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