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Technological Spillovers of Research Infrastructures

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  • Ana Lara GÓMEZ

Abstract

The paper attempts to understand the logic guiding the transmission process and the impact of technological spillovers as well as their potential to foster innovation. In particular it seeks to review the literature on technological spillovers of individual large Research Infrastructures (RIs), a key factor in the economic return of this type of facilities. After World War II large RIs turned into a crucial element for the development of the economy precisely due to their technological spillovers. In this light, it is of interest to establish to what extent large RIs are a source of technological spillovers. Nevertheless, despite its importance, we do not find evidence for RIs consistent with the conceptual framework based on the work by Griliches (1979) and most often used to analyse technological spillovers. We argue that all the potential large RIs can offer has not been reached as yet and further research is needed. Shedding light on the area will potentially increase the benefits and the return to these large investments.

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  • Ana Lara GÓMEZ, 2015. "Technological Spillovers of Research Infrastructures," Departmental Working Papers 2015-18, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
  • Handle: RePEc:mil:wpdepa:2015-18
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    More about this item

    Keywords

    Research Infrastructures; Technological Spillovers; Externalities; Knowledge;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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