Universities have long been involved in knowledge transfer activities and are increasing their efforts to collaborate with industry. However, universities vary enormously in the extent to which they promote, and succeed in commercializing, academic research. In this paper, we focus on the...

The present work starts from a simple question: Why should a state pay the salary for an academic researcher in economics? Generally speaking, research should be financed because it is useful for socioeconomic development; knowledge represents a productive input and it increases social welfare....

In the last years, a “codification debate” has developed among economists concerning the meaning and the empirical relevance of “tacit knowledge.” As this debate seems to have reached an impasse, we suggest a solution to take it a step further that is based on a more precise definition...

Absorptive capacity plays a key role in determining firms' capability to access and make use of external knowledge. However, little evidence has been provided about this important determinant of knowledge acquisition in the context of small and medium-sized enterprises (SMEs). This article...

Although universities are generally under pressure to increase their interactions with industry, academic departments vary enormously in the extent to which they collaborate with businesses. There are several factors, which, to different extents, drive or hamper academics' capabilities to engage...

Universities have come under increasing pressure to become key drivers of economic development in the age of the knowledge economy. Yet we know very little about the impact of university quality and scientific excellence on the probability of graduates finding jobs. This paper investigates the...

The importance of eco-innovations for industry has been rising exponentially in recent years. However, even if recent trends show that firms are increasingly committed to eco-innovations, there is little knowledge on why and how companies integrate environmental sustainability into new product...