Public-Private Technology Partnerships
Promises and Pitfalls
Bibliographic Data
| ID | 4883598 |
|---|---|
| Authors | Joseph E Stiglitz (0000-0001-6149-046X, Stanford University The World Bank), Scott Wallsten (0000-0003-4281-2464, Stanford University), Scott J Wallsten (Stanford University The World Bank) |
| Year | 1999 |
| Volume | 43 |
| Issue | 1 |
| Pages | 52-73 |
| Publication date | 1999-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Behavioral Scientist (JOURNAL) |
| Journal identifiers | ISSN: 0002-7642 • E-ISSN: 1552-3381 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/00027649921955155 |
| OpenAlex | W2064818677 |
| Language | EN |
| Citations received | 11 |
| References cited | 11 |
The U.S. government has a long history of supporting private sector research and development (R & D). The economic justification for government R & D support is clear. Primarily because of knowledge spillovers, profit-maximizing firms invest less than the socially optimal level of R & D. This market failure creates the possibility that government can help mitigate the underinvestment problem. Public-private technology partnerships are the newest approach to funding R & D. Technology partnerships include public funding of industry-led R & D projects and private research consortia, and collaborations between industry and government scientists. These programs hope to generate research that yields commercial products and innovations. This article discusses the rise of these programs, the theory supporting them, the types of research projects they must fund to be successful, the technical and political obstacles they face in funding these projects, and the evaluations of the largest partnership programs. This article concludes with policy recommendations, recognizing that these programs have potential but must overcome significant hurdles
Business · Economic growth · Economics · Face (sociological concept) · General partnership · Government (linguistics) · Market failure · Political science · Politics · Private sector · Profit (economics) · Public relations · Public–private partnership · Sociology · Capital Investment and Risk Analysis · Finance · Innovation and Knowledge Management · Innovation Policy and RD · Public Administration
Leveraging science, technology, and innovation public-private partnerships (STI PPPs) to foster industrial research, development, and innovation in developing countries
Enhancing Public Innovation by Transforming Public Governance
University–industry relationships and open innovation
Why do academics engage with industry? The entrepreneurial university and individual motivations
First-mover alliance
The Governance of Nature‐Based Tourism in China
Technology investment, bargaining, and international environmental agreements
Funding Global Public Goods
International Technology Cooperation
Technology-based globalization indicators
Electrifying the automotive industry
| Unique citing works | 11 |
|---|---|
| Citations per year | 0,48 |
| Citation span | 2003 - 2026 (24) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 9 |