Getting the most from public R&D spending in times of budgetary austerity

"This working paper reviews the evidence on the impact of public R&D spending. The authors first look at the evidence from micro-analysis of the impact of public intervention on private R&D and innovation, with a focus on the latest results from crosscountry micro-research performed wit...

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Main Author: Veugelers, Reinhilde
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2016
Bruegel
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19106463124919246459-Getting-the-most-from-public-R.htm
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author Veugelers, Reinhilde
author_facet Veugelers, Reinhilde
collection Library items
description "This working paper reviews the evidence on the impact of public R&D spending. The authors first look at the evidence from micro-analysis of the impact of public intervention on private R&D and innovation, with a focus on the latest results from crosscountry micro-research performed within SIMPATIC. To analyse the impact of public R&D on growth, the micro-results on private R&D investment effects are complemented with a macro-perspective. To this end, the authors look at how public R&D performs in affecting GDP growth and jobs in applied macro-models most commonly used in EU policy analysis. They focus particularly on the NEMESIS model in development within the SIMPATIC project. The authors conclude with some policy recommendations from the reviewed micro and macro SIMPATIC evidence for designing public R&D projects and programmes."
format TEXT
geographic EU countries
id 19106463124919246459_fdaa561da2b04dd392dbc94dd8a35216
institution ETUI-European Trade Union Institute
is_hierarchy_id 19106463124919246459_fdaa561da2b04dd392dbc94dd8a35216
is_hierarchy_title Getting the most from public R&D spending in times of budgetary austerity
language English
physical 23 p.
Digital
publishDate 2016
publisher Brussels
Bruegel
spellingShingle Veugelers, Reinhilde
economic recession
public expenditure
public investment
research and development
Getting the most from public R&D spending in times of budgetary austerity
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=107120292530
title Getting the most from public R&D spending in times of budgetary austerity
topic economic recession
public expenditure
public investment
research and development
url https://www.labourline.org/KENTIKA-19106463124919246459-Getting-the-most-from-public-R.htm