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Measuring governments’ R&D funding response to COVID-19: An application of the OECD Fundstat infrastructure to the analysis of R&D directionality

Author

Listed:
  • Leonidas Aristodemou
  • Fernando Galindo-Rueda

    (OECD)

  • Kuniko Matsumoto
  • Akiyoshi Murakami

Abstract

This paper presents new evidence on the size and direction of governments’ R&D funding response to the COVID-19 pandemic through the exploration of a novel data infrastructure, the OECD Fundstat initiative for the analysis of government-funded R&D projects. The document reports on the exploratory development and application of automatic classification tools to detect relevant COVID-19 R&D funding, map salient topics and classify and allocate project funding according to priorities in the WHO COVID-19 R&D Blueprint, as well as comparing results with similar analysis of scientific publication output data. The results provide new insights on which areas of enquiry were prioritised by governmental R&D funding bodies.

Suggested Citation

  • Leonidas Aristodemou & Fernando Galindo-Rueda & Kuniko Matsumoto & Akiyoshi Murakami, 2023. "Measuring governments’ R&D funding response to COVID-19: An application of the OECD Fundstat infrastructure to the analysis of R&D directionality," OECD Science, Technology and Industry Working Papers 2023/06, OECD Publishing.
    • Handle: RePEc:oec:stiaaa:2023/06-en
    DOI: 10.1787/4889f5f2-en
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    More about this item

    Keywords

    classification; COVID-19; directionality; Government funding; large language models; R&D; Research and Development; topic modelling;
    All these keywords.

    JEL classification:

    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • C45 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Neural Networks and Related Topics
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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