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research article

Buyers' role in innovation procurement: Evidence from US military R&D contracts

Decarolis, Francesco
•
Rassenfosse, Gaetan  
•
Giuffrida, Leonardo M.
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June 20, 2021
Journal Of Economics & Management Strategy

This study provides the first quantification of buyers' role in the outcome of R&D procurement contracts. We combine together four data sources on US federal R&D contracts, follow-on patented inventions, federal public workforce characteristics, and perception of their work environment. By exploiting the observability of deaths of federal employees, we find that managers' death events negatively affect innovation outcomes: a 1% increase in the share of relevant public officer deaths causes a decline of 32.3% of patents per contract, 20.5% patent citations per contract, and 34.3% patent claims per contract. These effects are driven by the deaths occurring in the 6 months before the contract is awarded, thereby indicating the relevance of the design and award stage relative to ex post contract monitoring. Lower levels of self-reported within-office cooperation also negatively impact R&D outcomes.

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Type
research article
DOI
10.1111/jems.12430
Web of Science ID

WOS:000663671400001

Author(s)
Decarolis, Francesco
Rassenfosse, Gaetan  
Giuffrida, Leonardo M.
Iossa, Elisabetta
Mollisi, Vincenzo
Raiteri, Emilio  
Spagnolo, Giancarlo
Date Issued

2021-06-20

Publisher

WILEY

Published in
Journal Of Economics & Management Strategy
Volume

30

Issue

4

Start page

697

End page

720

Subjects

Economics

•

Management

•

Business & Economics

•

public procurement

•

spending evidence

•

patent

•

policy

•

citations

•

quality

Editorial or Peer reviewed

REVIEWED

Written at

EPFL

EPFL units
STIP  
Available on Infoscience
July 3, 2021
Use this identifier to reference this record
https://infoscience.epfl.ch/handle/20.500.14299/179721
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