Essays on public funding for private innovation

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Abstract/Contents

Abstract
Despite the significant annual expenditure of public (government) research and development (R& D) funding allocated to private, for-profit firms, research is unclear as to if whether or not public funding is positively associated with firm performance. To partially address this gap, in three essays I examine the most common funding tie between public organizations and private firms in the U.S. - public-private R& D relationships. In the first two essays, I conceptualize public-private R& D relationships as institutional hybrids and argue and show that relative to technologies developed without a public-sector partner, the institutional conflict underlying public-private R& D relationships is positively related to the creation of valuable and destabilizing technologies. To provide support for my institutional hybrids' hypotheses, I employ a novel machine learning-matching method to examine all patented technologies in the U.S. between the years 1982-2012. In the final essay, I focus on technology ventures (i.e., start-ups) that form a contractual R& D relationship with a public-consumer (e.g., NASA, DoD) and show that these start-ups produce technologies faster and survive longer than their non-contracted peers. However, due to the stabilizing dependencies inherent in public-consumer relationships, these ventures also experience slower growth. I conclude with management and policy implications.

Description

Type of resource text
Form electronic resource; remote; computer; online resource
Extent 1 online resource.
Place California
Place [Stanford, California]
Publisher [Stanford University]
Copyright date 2019; ©2019
Publication date 2019; 2019
Issuance monographic
Language English

Creators/Contributors

Author Rathje, Jason
Degree supervisor Katila, Riitta
Thesis advisor Katila, Riitta
Thesis advisor Byers, Thomas (Thomas H.)
Thesis advisor Eesley, Charles
Thesis advisor Eisenhardt, Kathleen M
Degree committee member Byers, Thomas (Thomas H.)
Degree committee member Eesley, Charles
Degree committee member Eisenhardt, Kathleen M
Associated with Stanford University, Department of Management Science and Engineering.

Subjects

Genre Theses
Genre Text

Bibliographic information

Statement of responsibility Jason M. Rathje.
Note Submitted to the Department of Management Science and Engineering.
Thesis Thesis Ph.D. Stanford University 2019.
Location electronic resource

Access conditions

Copyright
© 2019 by Jason Rathje
License
This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).

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