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| Type | Conference or Workshop Paper |
| Scope | Discipline-based scholarship |
| Published in Proceedings | Yes |
| Title | The literature on the effects of research and development |
| Organization Unit | |
| Authors |
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| Presentation Type | paper |
| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| ISBN | 978-952-335-020-5 |
| Event Title | Composing the Innovation Symphony |
| Event Type | conference |
| Event Location | Wirtschaftskammer Österreich, Vienna, Austria |
| Event Start Date | June 18 - 2017 |
| Event End Date | June 21 - 2017 |
| Series Name | ISPIM Innovation Conference |
| Number | XXVIII |
| Place of Publication | Manchester, UK |
| Publisher | ISPIM |
| Abstract Text | The economic return to public and private R&D is of enormous interest to academics and policy makers. First, private returns to R&D appear to be large and larger than the returns to alternative investments. Second, private R&D and R&D subsidies are positively correlated and there is no evidence for crowding out effects. Third, R&D cooperation increases private R&D. Fourth, there appear to exist complementarities between alternative sources of funding. Fifth, the mobility of R&D workers, particularly of university scientists is positively related to an increase in innovation. Sixth, there are many university spinoffs but these are no more successful than non-university spinoffs. Seventh, scientists with a migration background outperform domestic ones. Eights, universities constitute important collaboration partners. Ninth, clusters enhance collaboration, patents and productivity. A problem for economic policy is that little is known about the optimal design of policy measures since most studies analyze a single policy measure only. |
| Related URLs | |
| Other Identification Number | merlin-id:14964 |
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