The retreat of public research and its adverse consequences on innovation
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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