Archibugi, Daniele and Filippetti, Andrea (2016) The retreat of public research and its adverse consequences on innovation. Working Paper. Birkbeck College, University of London, London, UK.
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Abstract
In the last decades a major trend has been ignored: both the quota of public R&D and its share over the total R&D investment has shrunk in most OECD countries. As a result, a larger fraction of knowledge is today generated in the private sector. We argue that this is a major problem since public research and private research differ along a number of characteristics. This has implications for innovation and welfare. Through the lens of the public goods theory and the evolution of R&D for the period 1981-2012 we try to explain why.
Metadata
| Item Type: | Monograph (Working Paper) |
|---|---|
| Additional Information: | CIMR Research Working Paper Series, Working Paper No. 31 ISSN: 2052-062X |
| Keyword(s) / Subject(s): | R&D, knowledge economy, public sector, public goods, intellectual property rights, technology transfer |
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Research Centres and Institutes: | Innovation Management Research, Birkbeck Centre for |
| Depositing User: | Administrator |
| Date Deposited: | 24 Mar 2017 08:32 |
| Last Modified: | 01 Jul 2024 08:01 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/18456 |
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