R&D, Patenting and Growth [E-Book]: The Role of Public Policy / Ben Westmore
This paper uses panel regression techniques to assess the policy determinants of private sector innovative activity – proxied by R&D expenditure and the number of new patents – across 19 OECD countries. The relationship between innovation indicators and multifactor productivity (MFP) growth is a...
Saved in:
Full text |
|
Personal Name(s): | Westmore, Ben. |
Imprint: |
Paris :
OECD Publishing,
2013
|
Physical Description: |
49 p. ; 21 x 29.7cm. |
Note: |
englisch |
DOI: |
10.1787/5k46h2rfb4f3-en |
Series Title: |
/* Depending on the record driver, $field may either be an array with
"name" and "number" keys or a flat string containing only the series
name. We should account for both cases to maximize compatibility. */?>
OECD Economics Department Working Papers ;
1047 |
Keywords: |
Science and Technology Economics |
LEADER | 02306naa a22002898i 4500 | ||
---|---|---|---|
001 | ZB03452 | ||
003 | OECD iLibrary | ||
008 | 130601s2013 fr o i|0| 0 eng d | ||
024 | 7 | |a 10.1787/5k46h2rfb4f3-en |2 doi | |
035 | |a (Sirsi) a490339 | ||
041 | |a eng | ||
100 | 1 | |a Westmore, Ben. | |
245 | 1 | 0 | |a R&D, Patenting and Growth |h [E-Book]: |b The Role of Public Policy / |c Ben Westmore |
264 | |a Paris : |b OECD Publishing, |c 2013 |e (OECD iLibrary) | ||
300 | |a 49 p. ; |c 21 x 29.7cm. | ||
336 | |a Text |b txt |2 rdacontent | ||
337 | |a Computermedien |b c |2 rdamedia | ||
338 | |a Online-Ressource |b cr |2 rdacarrier | ||
490 | |a OECD Economics Department Working Papers ; |v 1047 | ||
500 | |a englisch | ||
520 | 3 | |a This paper uses panel regression techniques to assess the policy determinants of private sector innovative activity – proxied by R&D expenditure and the number of new patents – across 19 OECD countries. The relationship between innovation indicators and multifactor productivity (MFP) growth is also examined with a particular focus on the role of public policies in influencing the returns to new knowledge. The results establish an empirical link between R&D and patenting, as well as between these measures of innovation intensity and MFP growth. Innovation-specific policies such as R&D tax incentives, direct government support and patent rights are found to be successful in encouraging the innovative activities associated with higher productivity growth. However, direct empirical evidence of the positive effects of these policies on productivity is less forthcoming. A pervasive theme from the analysis is the importance of coupling policies aimed at encouraging innovation or technological adoption with well designed framework policies that allow knowledge spillovers to proliferate. In particular, the settings of framework policies relating to product market regulation, openness to trade and debtor protection in bankruptcy provisions are found to be important for the diffusion of new technologies. | |
653 | |a Science and Technology | ||
653 | |a Economics | ||
856 | 4 | 0 | |u http://dx.doi.org/10.1787/5k46h2rfb4f3-en |z Volltext |
915 | |a zzwFZJ3 | ||
596 | |a 1 | ||
949 | |a XX(490339.1) |w AUTO |c 1 |i 490339-1001 |l ELECTRONIC |m ZB |r N |s Y |t E-BOOK |u 5/2/2016 |x UNKNOWN |z UNKNOWN |1 ONLINE |