The impact of participation in European joint research projects on knowledge creation and economic growth
Daniela Di Cagno,
Andrea Fabrizi and
Valentina Meliciani ()
The Journal of Technology Transfer, 2014, vol. 39, issue 6, 836-858
Abstract:
This paper investigates the impact of participation in European scientific networks on the stock of knowledge and on economic growth. We use scientific links in FP programmes to weight foreign R&D in order to construct two different measures of foreign R&D spillovers and we assess their impact on the production of knowledge (patents) and on economic growth in a panel of countries participating in FP over the period 1994–2005. We find that participation in EU funded projects is an important channel of knowledge transfer. However, while for countries with high levels of R&D expenditure R&D spillovers contribute to the generation of new knowledge, for low R&D spenders knowledge spillovers facilitate technological imitation and catching up. Copyright Springer Science+Business Media New York 2014
Keywords: R&D collaboration; EU Framework Programmes; Knowledge spillovers; Patents; Economic growth; O33; O47; L14; C2 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (16)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:jtecht:v:39:y:2014:i:6:p:836-858
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DOI: 10.1007/s10961-013-9318-7
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