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    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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    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.


    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: 02 Aug 2023 17:32


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