The Design of R&D Support Schemes for Industry
AbstractScant discussion exists in the literature about the relative design merits of various R&D schemes and most authors treat program design as a black box. In this paper, we assess the design features of three major forms of R&D support: entitlement schemes, competitive schemes and industry R&D boards. We use a combination of evidence to comment on how well these schemes perform in terms of: firm engagement (how does the scheme recruit business interest?); project selection (what criteria are used and who selects the projects?); payment structure (how is financial support structured?) and administrative costs (what is the burden?).
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Bibliographic InfoPaper provided by Melbourne Institute of Applied Economic and Social Research, The University of Melbourne in its series Melbourne Institute Working Paper Series with number wp2011n24.
Length: 25 pages
Date of creation: Nov 2011
Date of revision:
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More information through EDIRC
R&D policy; tax concession; government grants; R&D boards; R&D support;
Find related papers by JEL classification:
- L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
- O25 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
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