IDEAS home Printed from https://ideas.repec.org/a/ags/paaero/233501.html
   My bibliography  Save this article

The impact of R&D expenditures on bioeconomy innovativeness

Author

Listed:
  • Matras-Bolibok, Anna

Abstract

The paper aims at empirical evaluation of the impact of R&D expenditures on the bioeconomy innovativeness. The research is based on the cross-sectional analyses of correlation and regression between the value of biotech R&D expenditures and the number of biotech patents granted in the EU countries. In particular, the study attempts to assess a relative effectiveness of R&D expenditures in public and business sectors. The data for the analysis were extracted from the OECD Statistical Database and Eurostat Database covering the period 2009-2014. Given the availability of data the examined sample covers 11 countries. The results indicate a positive and statistically significant impact of biotech R&D expenditures on bioeconomy innovativeness in the pooled sample of countries and suggest a higher effectiveness of private sources of funding.

Suggested Citation

  • Matras-Bolibok, Anna, 2015. "The impact of R&D expenditures on bioeconomy innovativeness," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2015(6), December.
    • Handle: RePEc:ags:paaero:233501
    DOI: 10.22004/ag.econ.233501
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/233501/files/17-6-Matras.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.233501?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Dominique Guellec & Bruno Van Pottelsberghe de la Potterie, 2004. "From R&D to Productivity Growth: Do the Institutional Settings and the Source of Funds of R&D Matter?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 66(3), pages 353-378, July.
    2. Bronwyn Hall & Alessandro Maffioli, 2008. "Evaluating the impact of technology development funds in emerging economies: evidence from Latin America," The European Journal of Development Research, Taylor and Francis Journals, vol. 20(2), pages 172-198.
    3. Clausen, Tommy H., 2009. "Do subsidies have positive impacts on R&D and innovation activities at the firm level?," Structural Change and Economic Dynamics, Elsevier, vol. 20(4), pages 239-253, December.
    4. Bronwyn Hall & Alessandro Maffioli, 2008. "Evaluating the impact of technology development funds in emerging economies: evidence from Latin America," The European Journal of Development Research, Taylor and Francis Journals, vol. 20(2), pages 172-198.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hottenrott, Hanna & Lopes-Bento, Cindy & Veugelers, Reinhilde, 2014. "Direct and cross-scheme effects in a research and development subsidy program," ZEW Discussion Papers 14-107, ZEW - Leibniz Centre for European Economic Research.
    2. Srhoj, Stjepan & Walde, Janette, 2020. "Getting ready for EU Single Market: The effect of export-oriented grant schemes on firm performance," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 279-293.
    3. Stjepan Srhoj & Michael Lapinski & Janette Walde, 2019. "Size matters? Impact evaluation of business development grants on SME performance," Working Papers 2019-14, Faculty of Economics and Statistics, Universität Innsbruck.
    4. Stjepan Srhoj & Michal Lapinski & Janette Walde, 2021. "Impact evaluation of business development grants on SME performance," Small Business Economics, Springer, vol. 57(3), pages 1285-1301, October.
    5. Daniel NEICU, 2019. "Evaluating the Effects of an R&D Policy Mix of Subsidies and Tax Credits," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 4(2), pages 1-13, June.
    6. Wim Naudé, 2011. "Foreign Aid for Innovation: The Missing Ingredient in Private Sector Development?," Working Papers 2011/35, Maastricht School of Management.
    7. Juan José Echavarría, 2018. "Impacto del crédito sobre el agro en Colombia: evidencia del nuevo Censo nacional agropecuario," Chapters, in: Mauricio Villamizar-Villegas & Sara Restrepo-Tamayo & Juan David Hernández-Leal (ed.), Superando barreras: el impacto del crédito en el sector agrario en Colombia, chapter 2, pages 41-72, Banco de la Republica de Colombia.
    8. Kou, Mingting & Yang, Yuanqi & Chen, Kaihua, 2020. "The impact of external R&D financing on innovation process from a supply-demand perspective," Economic Modelling, Elsevier, vol. 92(C), pages 375-387.
    9. Maryam Gallab & Hafida Bouloiz & Sekoun Abdoudrahamane Kebe & Mohamed Tkiouat, 2021. "Opportunities and challenges of the industry 4.0 in industrial companies: a survey on Moroccan firms," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 48(3), pages 413-439, September.
    10. Tulio Cravo & Caio Piza, 2016. "The Impact of Business Support Services for Small and Medium Enterprises on Firm Performance in Low -and Middle- Income Countries: A Meta-Analysis," IDB Publications (Working Papers) 94938, Inter-American Development Bank.
    11. Lukasz Konopielko & Lukasz Sykala & Krzysztof Wozniak & Dmytro Verbovyy, 2021. "Suburbanization in the Context of R&D Projects Fund Allocation," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 790-805.
    12. Miriam Bruhn & David McKenzie, 2019. "Can Grants to Consortia Spur Innovation and Science-Industry Collaboration? Regression- Discontinuity Evidence from Poland," The World Bank Economic Review, World Bank, vol. 33(3), pages 690-716.
    13. Ugur, Mehmet & Trushin, Esref & Solomon, Edna M., 2015. "UK and EU subsidies and private R&D investment: Is there input additionality?," Greenwich Papers in Political Economy 14082, University of Greenwich, Greenwich Political Economy Research Centre.
    14. Frank, Alejandro Germán & Gerstlberger, Wolfgang & Paslauski, Carolline Amaral & Lerman, Laura Visintainer & Ayala, Néstor Fabián, 2018. "The contribution of innovation policy criteria to the development of local renewable energy systems," Energy Policy, Elsevier, vol. 115(C), pages 353-365.
    15. Dragana Radicic & Geoffrey Pugh & David Douglas, 2020. "Promoting cooperation in innovation ecosystems: evidence from European traditional manufacturing SMEs," Small Business Economics, Springer, vol. 54(1), pages 257-283, January.
    16. Czarnitzki, Dirk & Prüfer, Malte, 2024. "The interplay between public procurement of innovation and R&D grants: Empirical evidence from Belgium," ZEW Discussion Papers 24-055, ZEW - Leibniz Centre for European Economic Research.
    17. repec:idb:brikps:460 is not listed on IDEAS
    18. Victoria Castillo & Lucas Figal Garone & Alessandro Maffioli & Moira Ohaco, 2016. "Asistencias técnicas y competitividad de las MiPyMEs: Evidencia para Argentina," IDB Publications (Working Papers) 96960, Inter-American Development Bank.
    19. Männasoo, Kadri & Meriküll, Jaanika, 2020. "Credit constraints and R&D over the boom and bust: Firm-level evidence from Central and Eastern Europe," Economic Systems, Elsevier, vol. 44(2).
    20. Stjepan Srhoj & Bruno Škrinjarić & Sonja Radas, 2021. "Bidding against the odds? The impact evaluation of grants for young micro and small firms during the recession," Small Business Economics, Springer, vol. 56(1), pages 83-103, January.
    21. Junguo Shi & Bert M. Sadowski & Xinru Zeng & Shanshan Dou & Jie Xiong & Qiuya Song & Sihan Li, 2023. "Picking winners in strategic emerging industries using government subsidies in China: the role of market power," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-8, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:paaero:233501. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/seriaea.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.