Funding public research to spur private innovation?

Dialogues économiques
JANUARY 28, 2026
Public research is often portrayed as a quest for knowledge, while corporate R&D is seen as being driven by market forces. But is this opposition really justified? In a recent study, four economists reveal how a major investment in public laboratories can influence innovation spending across the French industrial sector.
Member(s)
Arthur Guillouzouic
Reference
Bergeaud A., Guillouzouic A., Henry E. et Malgouyres C., 2025, "From public labs to private firms : magnitude and channels of local R&D spillovers" The Quarterly Journal of Economics, 140(4), pp. 3233–3282
Read the article on
https://www.dialogueseconomiques.fr/article/financer-la-recherche-publique-pour-stimuler-linnovation-privee

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