R&D in Developing Countries: What Should Governments Do?
J. Peter Neary
Working Papers from College Dublin, Department of Political Economy-
Abstract:
I consider the implications of recent research for R&D policy in developing countries. Typical new growth models, which assume free entry and no strategic behaviour by R&D producers, are less appropriate for policy guidance than strategic oligopoly models. But the latter have ambiguous implications for targeted R&D subsidies, and caution against the anticompetitive effect of research joint ventures.
Keywords: RESEARCH AND DEVELOPMENT; TRADE; DEVELOPING COUNTRIES (search for similar items in EconPapers)
JEL-codes: F12 F13 O31 (search for similar items in EconPapers)
Pages: 12 pages
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:fth:dublec:99/27
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