Artikel

R&D, Innovation and Productivity: The Role of Public Support

Research and innovation are widely agreed to be major driving forces behind long-term productivity and economic growth. However, the relationships have proven to be difficult to quantify. We make reference to the international literature and draw on recent research for Australia to advance our understanding of these relationships. Particular focus is on assessing the impact of publically financed R&D on productivity. The conclusions have implications for government innovation policies, providing insight into possible productivity gains from funding reallocations. Specifically, the findings suggest that government research agencies and higher education are areas in which investment leads to more potential productivity gains.

Sprache
Englisch

Erschienen in
Journal: KDI Journal of Economic Policy ; ISSN: 2586-4130 ; Volume: 37 ; Year: 2015 ; Issue: 1 ; Pages: 73-96 ; Sejong: Korea Development Institute (KDI)

Klassifikation
Wirtschaft
Multiple or Simultaneous Equation Models: Instrumental Variables (IV) Estimation
Innovation and Invention: Processes and Incentives
Technological Change: Choices and Consequences; Diffusion Processes
Technological Change: Government Policy
Thema
Research and Development
Productivity
Innovation
Intangible asset
Public funding

Ereignis
Geistige Schöpfung
(wer)
Amani, Elnasri
Fox, Kevin J.
Ereignis
Veröffentlichung
(wer)
Korea Development Institute (KDI)
(wo)
Sejong
(wann)
2015

DOI
doi:10.23895/kdijep.2015.37.1.73
Handle
Letzte Aktualisierung
10.03.2025, 11:46 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Amani, Elnasri
  • Fox, Kevin J.
  • Korea Development Institute (KDI)

Entstanden

  • 2015

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