This Paper presents an econometric analysis of firm and industry characteristics conducive to cooperation with universities, using Community Innovation Survey data for Belgium. We find that large firms are more likely to have cooperative agreements with universities. These agreements are formed...

While innovation is argued to create value, private incentives of firms to innovate are driven by what part of the value created firms can appropriate. In this paper we explore the relation between innovation and the markups a firm is able to extract after innovating. We estimate firm-specific...

We study the process of how firms access basic research and translate this into applied research. Drawing on basic research firms develop higher quality technologies and develop these technologies more intensely internally. Critical in this process are boundary crossing inventors – inventors...