“…Cooperation with universities and public research institutions can be an important source of new scientific and technological knowledge. Prior research has demonstrated that university collaboration can, for instance, lead to development of new (radical) applications of already existing technology (Archibugi & Coco, 2004;Arvanitis, Kubli, & Woerter, 2008;Drejer & Jorgensen, 2005). Universities and research centers can be attractive for industry partners providing low-cost access to generic R&D (Arranz & Arroyabe, 2008;Beers, Berghall, & Poot, 2008;Mototashi, 2005).…”