Advanced Search
MyIDEAS: Login to save this paper or follow this series

Spillovers and Risk of R&D Projects, and Targeting of Public R&D Support (Japanese)

Contents:

Author Info

  • NAGAOKA Sadao
  • TSUKADA Naotoshi

Abstract

This paper analyzes what types of R&D projects and R&D firms generate important spillover effects, and which are subject to funding constraints. It also analyzes what types of projects and firms are targeted for public support and whether the selection of targets is consistent with spillovers. Using data collected in an inventor survey conducted by the Research Institute of Economy, Trade and Industry and those in the Basic Survey of Business Activities by the Ministry of Economy, Trade and Industry, we focus primarily on corporate research projects. Major findings are as follows: Corporate research projects generate substantial spillovers. For example, about 20% of such projects involve basic research. At the same time, however, about 10% of corporate research projects have been delayed or scaled down due to funding constraints, and one quarter of them have faced constraints in funding commercialization investments. It has been also found that only 3% of Japanese corporate R&D projects receive public support, and 5.6% of the financially constrained projects receive such support. Our statistical analysis suggests that although the estimated conditions explaining public support for R&D are largely consistent with the estimated conditions explaining the spillovers as measured by the publication of scientific papers and the occurrence of serendipity, there are some gaps. Although a firm's highly intensive R&D and participation of a PhD inventor are estimated to be significant sources of spillovers, apparently they are not given high weights in terms of factors related to public support for R&D.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.rieti.go.jp/jp/publications/dp/11j044.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Research Institute of Economy, Trade and Industry (RIETI) in its series Discussion Papers (Japanese) with number 11044.

as in new window
Length: 22 pages
Date of creation: Apr 2011
Date of revision:
Handle: RePEc:eti:rdpsjp:11044

Contact details of provider:
Postal: 11th floor, Annex, Ministry of Economy, Trade and Industry (METI) 1-3-1, Kasumigaseki Chiyoda-ku, Tokyo, 100-8901
Phone: +81-3-3501-1363
Fax: +81-3-3501-8577
Email:
Web page: http://www.rieti.go.jp/
More information through EDIRC

Related research

Keywords:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eti:rdpsjp:11044. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (NUKATANI Sorahiko).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.