The Design of R&D Support Schemes for Industry

Russell Thomson () and Elizabeth Webster ()

Melbourne Institute Working Paper Series from Melbourne Institute of Applied Economic and Social Research, The University of Melbourne

Abstract: Scant discussion exists in the literature about the relative design merits of various R&D schemes and most authors treat program design as a black box. In this paper, we assess the design features of three major forms of R&D support: entitlement schemes, competitive schemes and industry R&D boards. We use a combination of evidence to comment on how well these schemes perform in terms of: firm engagement (how does the scheme recruit business interest?); project selection (what criteria are used and who selects the projects?); payment structure (how is financial support structured?) and administrative costs (what is the burden?).

Keywords: R&D policy; tax concession; government grants; R&D boards; R&D support (search for similar items in EconPapers)
JEL-codes: L52 O25 O32 O38 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2011-11
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http://melbourneinstitute.unimelb.edu.au/downloads ... series/wp2011n24.pdf (application/pdf)

Related works:
Journal Article: The Design of R & D Support Schemes for Industry (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:iae:iaewps:wp2011n24

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