CERN, the European Organization for Nuclear Research, is the most important labora-tory for particle physics in the world. It requires cutting edge technologies to deliver sci-entific discoveries. This paper investigates the time span needed for technology suppliers of CERN to absorb the knowledge acquired during the procurement relation and develop it into a patent. We estimate count data models relying on a sample of CERN suppliers for the Large Hadron Collider (LHC), a particle accelerator. Firms in our sample received their first LHC-related order over a long-time span (1995–2008). This fact is exploited to estimate the time lag that separates the beginning of the procurement relationship and the filing date of patents. Becoming a supplier of CERN is associated with a statistically sig-nificant increase in the number of patent applications by firms. Moreover, such an effect requires a relatively long gestation lag in the range of five to eight years.

Big science and innovation: gestation lag from procurement to patents for CERN suppliers / A. Bastianin, P. Castelnovo, M. Florio, A. Giunta. - In: THE JOURNAL OF TECHNOLOGY TRANSFER. - ISSN 0892-9912. - (2021). [Epub ahead of print] [10.1007/s10961-021-09854-5]

Big science and innovation: gestation lag from procurement to patents for CERN suppliers

Bastianin, Andrea;Castelnovo, Paolo;Florio, Massimo;
2021

Abstract

CERN, the European Organization for Nuclear Research, is the most important labora-tory for particle physics in the world. It requires cutting edge technologies to deliver sci-entific discoveries. This paper investigates the time span needed for technology suppliers of CERN to absorb the knowledge acquired during the procurement relation and develop it into a patent. We estimate count data models relying on a sample of CERN suppliers for the Large Hadron Collider (LHC), a particle accelerator. Firms in our sample received their first LHC-related order over a long-time span (1995–2008). This fact is exploited to estimate the time lag that separates the beginning of the procurement relationship and the filing date of patents. Becoming a supplier of CERN is associated with a statistically sig-nificant increase in the number of patent applications by firms. Moreover, such an effect requires a relatively long gestation lag in the range of five to eight years.
Big science; CERN; Innovation; Public procurement; Patents; Gestation lag;
Settore SECS-P/01 - Economia Politica
Settore SECS-P/02 - Politica Economica
Settore SECS-P/03 - Scienza delle Finanze
Settore SECS-P/06 - Economia Applicata
29-mar-2021
THE JOURNAL OF TECHNOLOGY TRANSFER
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2434/831320
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