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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7725 |
DP7725 Public Support for Innovation, Intangible Investment and Productivity Growth in the UK Market Sector | |
Jonathan Haskel; Gavin Wallis | |
发表日期 | 2010-03-07 |
出版年 | 2010 |
语种 | 英语 |
摘要 | Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues. First, there have been many recent calls for the (relatively new) UK R&D subsidy to be extended to other "research" activities, such as software. Second, argument still rages about the efficacy of direct public spending on R&D via spending on academic research councils, universities, and government undertaken work on civil and military R&D. To evaluate these questions we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for evidence of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover effects from intangible investment at the market sector level, including from R&D, (b) strong evidence of market sector spillovers from public R&D spend on research councils, and (c) no evidence of market sector spillovers from public spending on civil or defence R&D. Our findings tentatively suggest that for maximum market sector productivity impact government innovation policy should focus on direct spending on research councils. |
主题 | Industrial Organization ; Public Economics |
关键词 | Intangible assets Productivity R&d Spillovers |
URL | https://cepr.org/publications/dp7725 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536561 |
推荐引用方式 GB/T 7714 | Jonathan Haskel,Gavin Wallis. DP7725 Public Support for Innovation, Intangible Investment and Productivity Growth in the UK Market Sector. 2010. |
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