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来源类型Article
规范类型其他
DOI10.1016/S0048-7333(00)00091-3
ISBN0048-7333
The economic benefits of publicly funded basic research: a critical review.
Salter, Ammon J; Martin, Ben R
发表日期2001-03-01
出处Research Policy
出版者Elsevier
出版年2001
页码509-532
语种英语
摘要This article critically reviews the literature on the economic benefits of publicly funded basic research. In that literature, three main methodological approaches have been adopted — econometric studies, surveys and case studies. Econometric studies are subject to certain methodological limitations but they suggest that the economic benefits are very substantial. These studies have also highlighted the importance of spillovers and the existence of localisation effects in research. From the literature based on surveys and on case studies, it is clear that the benefits from public investment in basic research can take a variety of forms. We classify these into six main categories, reviewing the evidence on the nature and extent of each type. The relative importance of these different forms of benefit apparently varies with scientific field, technology and industrial sector. Consequently, no simple model of the economic benefits from basic research is possible. We reconsider the rationale for government funding of basic research, arguing that the traditional ‘market failure’ justification needs to be extended to take account of these different forms of benefit from basic research. The article concludes by identifying some of the policy implications that follow from this review.
URLhttp://sro.sussex.ac.uk/id/eprint/18758/
来源智库Science Policy Research Unit (United Kingdom)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/466977
推荐引用方式
GB/T 7714
Salter, Ammon J,Martin, Ben R. The economic benefits of publicly funded basic research: a critical review.. 2001.
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