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Investimento pubblico e privato in R&S: effetto di complementarietà o di sostituzione?

Mario Coccia ()

CERIS Working Paper from Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY -NOW- Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY

Abstract: The purpose of this paper is to analyze the relationship between public and private research funding. Data from Eurostat are used. The methodology applies econometric models based on regression analyses. The main results are: public R&D expenditure is a complement for private R&D one, but the latter has to be higher than the former to be a determinant for economic growth of countries. These results can be affected by several factors concerning the structure of National System of Innovation as well as Triple Helix interaction. In addition this research shows that the composition of public and private magnitude of national investment in research depends on the level of country development.

Keywords: Research Funding; Economic Growth; Comparative Study; Research Policy (search for similar items in EconPapers)
JEL-codes: C00 E00 E60 H50 O38 O40 O57 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2008-12
New Economics Papers: this item is included in nep-ipr, nep-pr~ and nep-knm
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