The impact of public R&D expenditure on business R&D
AbstractThis document attempts to quantify the aggregate net effect of government funding on business R&D in 17 OECD Member countries over the past two decades. Grants, procurement, tax incentives and direct performance of research (in public laboratories or universities) are the major policy tools in the field. The major results of the study are the following: Direct government funding of R&D performed by firms (either grants or procurement) has a positive effect on business financed R&D (one dollar given to firms results in 1.70 dollars of research on average). Tax incentives have a positive (although rather short-lived) effect on business-financed R&D. Direct funding as well as tax incentives are more effective when they are stable over time: firms do not invest in additional R&D if they are uncertain of the durability of the government support. Direct government funding and R&D tax incentives are substitutes: increased intensity of one reduces the effect of the other on business R&D. The ... Ce document vise Ã quantifier lâeffet des financements gouvernementaux sur la dÃ©pense de R-D des entreprises au niveau agrÃ©gÃ©, pour 17 pays Membres de lâOCDE sur les deux derniÃ¨res dÃ©cennies. Les dons, les achats publics, les incitations fiscales et la rÃ©alisation directe de la recherche (dans les laboratoires publics ou les universitÃ©s) sont les principaux outils de la politique dans ce domaine. Les principaux rÃ©sultats de lâÃ©tude sont les suivants : Le financement direct par le gouvernement de la recherche rÃ©alisÃ©e par les entreprises (dons ou achats publics) a un effet positif sur le financement de la recherche par les entreprises (un dollar versÃ© aux firmes se traduit en moyenne par 1.70 dollars de recherche). Les incitations fiscales ont un effet positif (bien de court terme) sur le financement de la recherche par les entreprises. Le financement direct comme les incitations fiscales sont plus efficaces lorsquâils sont stables dans le temps : les firmes nâ
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Bibliographic InfoPaper provided by ULB -- Universite Libre de Bruxelles in its series ULB Institutional Repository with number 2013/6213.
Date of creation: 2003
Date of revision:
Publication status: Published in: Economics of Innovation and New Technology (2003)
Other versions of this item:
- Dominique Guellec & Bruno Van Pottelsberghe De La Potterie, 2003. "The impact of public R&D expenditure on business R&D," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 12(3), pages 225-243.
- Dominique Guellec & Bruno van Pottelsberghe de la Potterie, 2000. "The Impact of Public R&D Expenditure on Business R&D," OECD Science, Technology and Industry Working Papers 2000/4, OECD Publishing.
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