Role of public support for innovativeness: Case study of the elements of the Seventh Framework Program
Tomasz M. Napiórkowski
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Tomasz M. Napiórkowski: Warsaw School of Economics, Collegium of World Economy
Collegium of Economic Analysis Annals, 2018, issue 53, 47-62
Public support for innovativeness, understood as a translation of innovation policies into actions, has been the subject of many studies; not all of them supporting its validity. The aim of this research is to evaluate the impact of selected elements of the Seventh Framework Program on innovativeness of the European Union. The research hypothesis states that each of the listed programs has a positive and a statistically significant impact on innovativeness within the EU. With the use of budget (panel) data serving as proxies for public innovation policy tied to each of the examined commitments, the innovation production function has been used to test the impact of the said policies on innovativeness as measured by a patent applications per capita; allowing for a 3- and a 2?year delay between the impulse and a response. The results are mixed as some of the studied areas of FP7 have a positive, some negative and some no statistically significant impact on innovation output of the European Union. It is hypothesized that the unconventional results can be explained by policy designs, e.g. a significant critical mass requirement, which are translated into recommendations for further innovation policy evaluation.
Keywords: R&D expenditure; public innovation policy; Innovation Union (search for similar items in EconPapers)
JEL-codes: O31 O38 (search for similar items in EconPapers)
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