From R&D to Productivity Growth: Do the Institutional Settings and the Source of Funds of R&D Matter?

Dominique Guellec () and Bruno van Pottelsberghe de la Potterie
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Dominique Guellec: European Patent Office.

No 04-010.RS, Working Papers CEB from Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB)

Abstract: This paper presents estimates of the long-term impact of various sources of knowledge (R&D performed by the business sector, the public sector and foreign firms) on multifactor productivity growth of 16 countries from 1980 to 1998. The main results show that the three sources of knowledge are significant determinants of long term productivity growth. Further evidence suggests that several factors determine the extent to which each source of knowledge contributes to productivity growth. These factors are the absorptive capability, the origin of funding, the socio economic objectives of government support, and the type of public institutions that perform R&D.

Keywords: Science and technology policies; R&D; Spillovers; Growth. (search for similar items in EconPapers)
JEL-codes: O11 O40 O47 O50 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff and nep-ino
Date: Written
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http://www.solvay.edu/EN/Research/Bernheim/documents/wp04010.pdf First version, 2004 (application/pdf)

Related works:
Working Paper: From R&D to Productivity Growth: Do The Institutional Setting and The Source of Funds of R&D Matter? (2003)
Journal Article: From R&D to Productivity Growth: Do the Institutional Settings and the Source of Funds of R&D Matter? (2004)
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Persistent link: http://EconPapers.repec.org/RePEc:sol:wpaper:04-010

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