R&D, public innovation policy, and productivity: The case of danish manufacturing

Anders Sørensen, Hans Christian Kongsted and Mats Marcusson

Economics of Innovation and New Technology, 2003, vol. 12, issue 2, 163-178

Abstract: The purpose of this paper is to investigate the relationship between private R&D, public innovation support transferred to the private sector, and productivity in Danish manufacturing. Two main conclusions are established. First, public innovation support has a positive and significant effect on private R&D expenditures with an estimated elasticity of 0.062. Second, the indirect effect on productivity from public innovation support is reflected in a positive point estimate which is found to be robust to different specifications of R&D capital.

Keywords: Growth; Research And Development; Innovation Support; Productivity (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (8)

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DOI: 10.1080/10438590303126

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