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  • 标题:Science-based R&D in Schumpeterian growth
  • 本地全文:下载
  • 作者:Guido Cozzi ; Silvia Galli
  • 期刊名称:Departmental Discussion Papers / University of Glasgow, Department of Economics
  • 出版年度:2009
  • 卷号:1
  • 出版社:University of Glasgow, Department of Economics
  • 摘要:Firm success is often associated with the development of better prod- ucts. Private .rms undertake applied R&D seeking market advantage, by capitalizing on the freely accessible results of basic research. But un- patentable basic research often fails to address applied R&D open prob- lems. What is the role of the incentives in improving the innovative perfor- mance of an economy by matching partially motivated public researchers to their mission? Sometimes government funded research projects are mission-directed, yet in many cases the public sector academics indulge in carrier-driven research. An innovation system where, as in the US, also basic research is driven by patents, implicitly sets an ex-post incentive to the researchers guided by invisible hand. For a public innovation system - like the European one - designing an incentive scheme to motivate public researchers is of key importance for fostering the performance of the eco- nomic system. This paper extends the Schumpeterian multisector growth model with vertical innovation by highlighting a link between the degree of "targetness" of public research and aggregate innovation. A positive e¡èect of social capital is also proved.
  • 关键词:Sequential Innovation, Research Tools, Basic Research, Knowledge Management, Social Capital.
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